Question

Find the amount when principal=₹12000,time=2 years,rate of interest=12%
2 points

Answer 1

Answer:

Rs. 14880

Step-by-step explanation:

Simple Interest = Principle*Time*Rate/100

Simple Interest = Principle*Time*Rate/100 = Rs. 12000*2*12/100

Simple Interest = Principle*Time*Rate/100 = Rs. 12000*2*12/100 = Rs. 288000/100

Simple Interest = Principle*Time*Rate/100 = Rs. 12000*2*12/100 = Rs. 288000/100 = Rs. 2880

Simple Interest = Principle*Time*Rate/100 = Rs. 12000*2*12/100 = Rs. 288000/100 = Rs. 2880Amount = Principle + Interest

Simple Interest = Principle*Time*Rate/100 = Rs. 12000*2*12/100 = Rs. 288000/100 = Rs. 2880Amount = Principle + Interest = 12000 + 2880

Simple Interest = Principle*Time*Rate/100 = Rs. 12000*2*12/100 = Rs. 288000/100 = Rs. 2880Amount = Principle + Interest = 12000 + 2880 = 14880(Ans)

Simple Interest = Principle*Time*Rate/100 = Rs. 12000*2*12/100 = Rs. 288000/100 = Rs. 2880Amount = Principle + Interest = 12000 + 2880 = 14880(Ans)Hope it was helpful :)