Find the amount when principal is
29200, rate 6%, Time 4 year 3 months.
Answers
Answered by
2
Answer:
29200. Rate = 6 % Time = 4 years 3 months = 4.25 years.
hope this is help you☺ friend
Answered by
2
Answer:
Rate = 6 % Time = 4 years 3 months = 4.25 years
Step-by-step explanation:
Given:
Principal = Rs. 29200
Rate = 6 %
Time = 4 years 3 months = 4.25 years
We have to -
Find the amount.
Formulas Needed:
The formulas are -
~ SI =PRT/100
A = P + SI
Abbreviations Used:
SI = Simple Interest
A = Amount
P = Principal
R = Rate
T = Time
Solution:
Find the SI.
Use the formula,
PRT
SI 100
Substitute the values,
29200 x 6 x 4.25
100
Cancel the zeros,
292 x 6 x 4.25
Multiply the values,
SI = Rs. 7446
Find the A.
Use the formula,
A = P + SI
Substitute the values,
A = 29200 + 7446
Add the values,
A = Rs. 36646
Final Answer:
.. Thus, the amount is Rs. 36646.
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