Question

find the amount which mohan will get on Rs 4069,if he gave it for 18 months at 7% per annum​

Answer 1

Answer:

Amount = ₹ 4496.24

Step-by-step explanation:

Principal= 4069

Rate of Interest = 7%

Time period = 18 months = 18/12 = 3/2 years

Simple Interest = P×R×T

= 4069×3/2×7/100

= ₹ 427.24

Amount = Pricipal + Simple Interest =

₹4069 + ₹ 427.24 = ₹ 4496.24

hope it helps..........