Find the amount to be paid at the end of 3 years in each case:
(a) Principal = Rs.12, 000 at 12% p.a step by step please I want it fast... I will make as a brainlist answer
Answers
Answered by
1
Answer:
Principal (P) = Rs 1200
Rate (R) = 12 % p.a.
Time (T) = 3 years
We know that,
Simple interest (S.I) = P×R×T/100
Therefore,
S.I = 1200×12×3/100
= 12 × 12 × 3
= 144 × 3
= Rs 432
Hence,
Amount = Principal + S.I
= 1200 + 432
= Rs 1632
Answered by
0
Answer:
Step-by-step explanation:
Given
P = 12000
r = 12%
time = 3years
Simple Interest = PRT/100 = (12000 × 12 × 3)/100
Simple Interest = 4320
Amount = Principal + Simple interest = 12000 + 4320 = 16320
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