Question

Find Amount when Principal = Rs 10,000, Rate = 30 %, Time = 8 months​

Answer 1

Answer:

SI=p×t×r÷100

SI=10,000×30×8÷100

SI=2,400,000÷100

SI=24,000

Step-by-step explanation:

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Answer 2

Answer:

Principal (P) = Rs. 10000

Rate (R) = 30 % p.a.

Time (T or n) = 8 months = 8/12 year = 2/3 year

Calculating the Amount in Simple Interest,

S.I = P*R*T/100

= 10000*30*2/100*3

= Rs. 2000

Amount = P+S.I

= Rs. 10000+2000

= Rs. 12000

I hope this helps.