Find the amount to be paid at the end of 3 years in each case:
(a) Principal = Rs 1,200 at 12% p.a.
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Answer:
₹1632
Step-by-step explanation:
P = ₹1200
R = 12%
T = 3 yrs
SI = (P*R*T) ÷ 100
SI = (1200*12*3) ÷ 100
SI = ₹432
A = P + SI
A = 1200 + 432
A = ₹1632
Amount to paid at the end of three years is ₹1632
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