Find the amount if:
Principal = 36000, rate = 8% and time = 2 years.
b. Principal = 1500, rate = 5% and time = 4 years.
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time
- 7- vea
Answers
(a) P*R*T /100
36000*8*2 /100
interest = ₹5760
amount = principal+ interest = ₹41760
(b) P*R*T /100
1500*5*4 /100
interest= ₹300
amount = principal+ interest = ₹ 1800
hope it helps
Answer:
1. amount = principal + interest
Principal = 36000, rate = 8% and time = 2 years.
we know the principal = 36000
let us find out interest .,
I = PTR / 100
= 36000 × 8 × 2 / 100
Interst = 5760 /-
amount = 36000 + 5760
= 41, 760 /-
2) . Principal = 1500, rate = 5% and time = 4 years.
amount = P+I
interst = PTR /100
= 1500 × 5 ×4 /100
= 300 /-
amount = 1500 + 300
= 1800 /-
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