Question

find the amount.
principal =₹4520
interest =₹350​

Answer 1

Answer:

add them 4520+350 =4870

Answer 2

Given,

Principal = ₹4520,

Interest = ₹350.

To find,

Amount.

Solution,

We can solve this numerical problem simply by following the process given below.

The principal (P) is defined as the sum or amount of money that one borrows or deposits.

Interest (I) can be defined as the amount of money that a borrower or a financial institution where the principal has been deposited pays.

The amount (A) is the term given to the final or total sum of money which has the interest paid, included in it.

Principal, interest, and amount are related as,

Amount = Principal + Interest.

⇒ A = P + I

Now, for the given problem,

P = ₹4520, and,

I = ₹350

So, A = 4520 + 350

∴ A = ₹4870.

Therefore for the given principal and interest, the amount will be ₹4870.