Question

find amount when principal=57600 rate=10% time=3year​

Answer 1

Given

• Principal = 57600
• Rate = 10%
• Time = 3 years

To find

• Amount

Solution

Using formula

$\large{\underline{\boxed{\tt{Amount = P(1 + rt)}}}}$

$\begin{lgathered}\begin{lgathered}\begin{lgathered}\tt {\pink{Here}}\begin{cases} \sf{\green{P = principal}}\\ \sf{\blue{r = rate\: of\: interest}}\\ \sf{\orange{t = time}}\end{cases}\end{lgathered} \:\end{lgathered}\end{lgathered}$

→ Amount = 57600(1 + 10 × 3)

→ Amount = 57600(1 + 30)

→ Amount = 57600 × 31

→ Amount = Rs.1,785,600

Hence, the amount is Rs,1,785,600.