Find the amount to be paid at the end of 4 years if principal is Rs 1200 at 10% p.a.
Answers
Answered by
11
Answer:
amount to be paid on end of 4 years is rs.12,480
Step-by-step explanation:
P-1200
R-10%
T-4yrs
S.I- P×R×T÷100
= 1200×10×4÷100
=480
Amount=S.I+P
= 1200+480
=12,480
therefore, amount to be paid on end of 4 years is rs.12,480
Answered by
3
Answer:
Time=4 years
Rate=10%
principal= rs 1200
first we have to find simple interest
then, SI= P×R×T÷100
=》SI= 1200×10×4÷100
= rs 480
so, SI is 480
then, amount = principal + simple interest
=》amount = 1200+ 480
= 1680
therefore amount is 1680
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