Question

Find the amount if p=1200rs , R= 5% and time=3years *

Answer 1

Answer:

Principal = ₹2500

Time = 3 years

Rate = 6%

Simple Interest

Amount

Principal (P) = ₹2500 , Time = 3years and Rate = 6%

➡ Simple Interest (I) =  

=  

= ₹450

➡ Amount = Simple Interest + Principal

= ₹2500+₹450

= ₹2950

Simple Interest = ₹450

Amount = ₹2950

_________________

Formulas used here:-

Simple Interest =  

I =  

Amount = Principal + Simple Interest

A = P + I

Step-by-step explanation:

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Answer 2

P×R×T÷100

=1200×5×3÷100

= ₹ 180

This is interest .

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