Find the amount when principal is
29200, rate 6%, Time 4 year 3 months.
Answers
Answer:
Given:
Principal = Rs. 29200
Rate = 6 %
Time = 4 years 3 months = 4.25 years
What To Find:
We have to -
Find the amount.
Formulas Needed:
The formulas are -
\bf \leadsto \: SI = \dfrac{PRT}{100}⇝SI=
100
PRT
\bf \leadsto \: A = P + SI⇝A=P+SI
Abbreviations Used:
SI = Simple Interest
A = Amount
P = Principal
R = Rate
T = Time
Solution:
Find the SI.
Use the formula,
\sf \leadsto \: SI = \dfrac{PRT}{100}⇝SI=
100
PRT
Substitute the values,
\sf \leadsto \: SI = \dfrac{29200 \times 6 \times 4.25}{100}⇝SI=
100
29200×6×4.25
Cancel the zeros,
\sf \leadsto \: SI = 292 \times 6 \times 4.25⇝SI=292×6×4.25
Multiply the values,
\sf \leadsto \: SI = Rs. \: 7446⇝SI=Rs.7446
Find the A.
Use the formula,
\sf \leadsto \: A = P + SI⇝A=P+SI
Substitute the values,
\sf \leadsto \: A = 29200 + 7446⇝A=29200+7446
Add the values,
\sf \leadsto \: A = Rs. \: 36646⇝A=Rs.36646
Final Answer:
∴ Thus, the amount is Rs. 36646.
Answer:
i need 10 thanks to complete 1k