Question

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

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Answer 1

Answer:

answer is ₹ 2000

Step-by-step explanation:

solution

= Amount =

$\frac{10000 \times 30 \times 8}{100 \times 12}$

=

$\frac{100 \times 30 \times 8}{12}$

=

$100 \times 5 \times 4 = 2000$

hope Its HELPS

Answer 2

Answer :

Rs. 11800

Given :

Principal = Rs. 10000

Rate = 30

Time = 8 months

To find :

Amount

Solution :

To find the Amount :

• First you must find the Simple Interest

$\sf \: Simple \: Interest = \dfrac{Principal \times Rate \times Time}{100}$

$\sf \: Simple \: Interest = \dfrac{10000 \times30 \times 0.6}{100}$

$\sf \: Simple \: Interest = \dfrac{180000}{100}$

$\sf \: Simple \: Interest = 1800$

Now,

$\sf \: Amount = Principal + Simple\: Interest$

$\sf \: Amount = 10000 + 1800$

$\sf \: Amount = 11800$

Hence, the amount is Rs. 11800.

Know more :-

• Simple Interest :

$\sf \: Simple \: Interest = \dfrac{Principal \times Rate \times Time}{100}$

• Amount :

$\sf \: Amount = Principal + Simple \: Interest$