Question

Find the amount after 3 years if P=1200 Rs at rate of 12%p.a.​

Answer 1

$\bf\pink{QuestioN:-}$

Find the amount after 3 years, if P = 1200 Rs at rate of 12 % p.a.​

$\bf\green{AnsweR:-}$

Given :-

Principal = Rs 1200

Rate of interest = 12 % p.a

Time = 3 years

To Find :-

The amount after 3 years

Solution :-

Principal (P) = Rs 1200

Rate ( R ) = 12 %

Time (T) = 3 years

$\Large\blue\pmb{S.I=\bf\dfrac{PRT}{100}}$

$\Large\blue\pmb{S.I=\bf\dfrac{1200\times12\times3}{100}}$

$\Large\blue\pmb{S.I=\bf{Rs\:432}}$

• Amount = Principal + simple interest

       = 1200 + 432

       = Rs 1632

Hence the answer for your question is Rs. 1632.

All Done !!☺

Answer 2

Step-by-step explanation:

Given: Principal(P)=1200

Rate of interest(R)=12%

Time(T)=3 years

To find: Amount(A)

Solution/Calculation:

Simple Interest(I)= P×R×T/100

=1200×12×3/100

=43200/100

=432

Amount=Principle(P)+Simple Interest(I)

=1200+432

=1632

Answer: 1632 Rs. is amount after 3 years