Question

find the amount on a principal of rupees 750 at 16% per annum for 3 monthsप्लीज आप मुझे जल्दी आंसर कीजिए मैं विनती करती हूं ​

Answer 1

Given :

Principle : ₹750

Rate of interest : 16%

Time : 3 months

To find :

The total amount to be paid after the time period.

Solution :

To find the total amount, first we should find the simple interest.

Simple interest :

$\sf \dashrightarrow Simple \: Interest = \dfrac{P \times R \times T}{100}$

$\sf \dashrightarrow \dfrac{750 \times 16 \times 1}{100 \times 4}$

$\sf \dashrightarrow \dfrac{30 \times 16 \times 1}{4 \times 4}$

$\sf \dashrightarrow \dfrac{30 \times 4 \times 1}{4}$

$\sf \dashrightarrow \dfrac{120}{4} = 30$

Now, we can find the total amount.

Total Amount :

$\sf \dashrightarrow Simple \: Interest + Principle$

$\sf \dashrightarrow 30 + 750$

$\sf \dashrightarrow Rs.780$

Hence, the total amount to be paid at end of the time is ₹780.