Question

Find the amount to be paid at the end of 3 years in each case:
(a) Principal = Rs 1,200 at 12% p.a.

Answer 1

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