find the amount to be paid at the end of 3 years in the following cases. Principal =rs 1200 at 12%p.a.
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Answered by
9
Answer:
Step-by-step explanation:
Princinpal=1200
Rate=12 %
Time =3yrs=36months
S.I=P*[n(n+1)]/2*1/12*R/100
S.I = 1200*(36*37)/2*1/12*12/100
S.I =7992
Amount= P*n+S.I
Amount =1200*36+7992
Amount = 51192
Answered by
2
simple interest=PTR/100
=(1200×12×3)/100
=12×12×3
I=432
amount=principal+interest
=1200+432
=1632
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