find the amount when principal is 7000 time is 6 years and rate is 8% per annum
Answers
Answered by
1
Step-by-step explanation:
principle (P) = 7000/-
Time (T)= 6 years
Rate (R) = 8%
Amount = P+PTR/100
= (7000×6×8/100)+7000
= (70×6×8)+7000
= 3360+7000
= 10,360
Amount is 10,000/-
Answered by
0
Answer:
Formula of Amount (A = P(1 + rt))
Step-by-step explanation:
Principal- 7000
Time- 6 years
Rate- 8%
A = 7000( 1 + 8 x 6 )
A = 7000 (49)
A = Rs.343,000
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