find the amount to paid at the end of 3year when principal = RS 1200 at rate of 10% p.a please give this answer in method wise
Answers
Answered by
0
Answer:
Rs. 1,597.20
Step-by-step explanation:
Am=p(1+)^t
=1200()^3
=(1200*1331)/1000
=12*1331/10
=15972/10
=Rs. 1597.20
Hope this helps. Good day to you
Answered by
10
QUESTION:–
Find the amount to paid at the end of 3year when principal = RS 1200 at rate of 10% p.a?
GIVEN:–
PRINCIPAL=1200
RATE=10%
TIME=3 YEARS
FIND:–
AMOUNT OF SI AND AMOUNT OF CI
SOLUTION:–
SI,
(1200×10×3)/100
=360
AMOUNT OF SI=RS(1200+360)=RS 1560
CI,
AMOUNT OF CI=1200(1+10/100)³
=1200(10+1/10)³
=1200 × 11/10 × 11/10 × 11/10
=RS 1,597.20
ANSWER:–
AMOUNT OF SI=RS 1560
AMOUNT OF CI=RS 1597.20
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