Question

Find the amount on Tk. 28,000 at the rate of 7.5% p. a. for 10 years.​

Answer 1

Answer:

The amount on Tk. 28,000 at the rate of 7.5% p. a. for 10 years is Tk. 49,000.

Step-by-step explanation:

Given that:

Principal = Tk. 28,000

Rate = 7.5% p.a.

Time = 10 years

To Find:

What is the amount?

Formula used:

In Simple interest.

S.I. = (P × R × T)/100

A = P + S.I.

Where,

S.I. = Simple interest

A = Amount

P = Principal

R = Rate

T = Time

Finding the simple interest:

⟶ S.I. = (28000 × 7.5 × 10)/100

⟶ S.I. = 2100000/100

⟶ S.I. = 21000

∴ Simple interest = Tk. 21,000

Finding the amount:

⟶ A = 28000 + 21000

⟶ A = 49000

∴ Amount = Tk. 49,000

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Answer 2

Answer:

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Step-by-step explanation:

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