Question

Find the amount when principal is 7000, time is 6 years and rate is 8% per annum​

Answer 1

Formula of amount = ( A = P ( 1 + rt ) )

Amount = 7000

Time = 6 years

Rate = 8%

A = 7000 ( 1+8×6 )

A= 7000 (49)

A= Rs. 343,000

Answer 2

Answer:

10360.

Step-by-step explanation:

Amount= Principal+ S.I.

Simple Interest =P*R*T

                             100

                         = 7000*8*6

                                 100                              

                          =Rs 3360.

Amount= 7000+3360

             = Rs 10360

Hope it is helpful for you......