Question

find the amount if the principal=3210 and the interests is 5%

Answer 1

P=3210₹
I=5%
T=1 YEAR
SI= P×R×T/100
SI=3210×5×1÷100
SI=160.5₹
AMOUNT=SI+P
=3210+160.5
AMOUNT=3370.5₹

Answer 2

Q) find the amount if principal is 3210 and interest is 5%.

Answer:- Here, principal (P)=₹3210
Rate of interest (R)=5%
Time (T)=?

Here, we notice that time is not given.So, we have to take it as 1.

Now, we know that SI=P×R×T/100
=₹(3210×5×1/100)
=₹16050/100
=₹160.5

So, now we have the simple interest, which is ₹160.5
and we have to find the amount.

We know that Amount (A)=Simple interest (SI)+Principal (P)

So, A=SI+P
A=₹(160.5+3210)
A=₹3370.5

So, amount is equal to ₹3370.5