Find the interest and amount to be paid at the end of 5 year in each case
Principle = ₹76,200 at 8%p. a.
Answers
Answer:
Principal = P = RS.1200
Rate of interest = R = 12% p.a.
Time = T = 3 years
Simple interest = PTR/100
= 1200 × 3 × 12/100
= RS.432
Therefore, amount = Principal + Interest
= RS.1200 + RS.432
= RS.1632
Ans: The amount is RS. 1632.
_____________________________________________
(b)
Principal = P = RS. 7500
Time = T = 3 years
Rate of interest = R = 5% p.a.
Simple interest = PTR/100
= 7500 × 3 × 5/100
= RS.1125
Therefore, amount = Principal + Interest
= RS. 7500 + RS.1125
= RS.8625
Ans: The amount is RS.8625.
_______________________________________________
Hope helped!!
Answer:
Principal = P = RS.1200
Rate of interest = R = 12% p.a.
Time = T = 3 years
Simple interest = PTR/100
= 1200 × 3 × 12/100
= RS.432
Therefore, amount = Principal + Interest
= RS.1200 + RS.432
= RS.1632
Ans: The amount is RS. 1632.
_____________________________________________
(b)
Principal = P = RS. 7500
Time = T = 3 years
Rate of interest = R = 5% p.a.
Simple interest = PTR/100
= 7500 × 3 × 5/100
= RS.1125
Therefore, amount = Principal + Interest
= RS. 7500 + RS.1125
= RS.8625
Ans: The amount is RS.8625.
_______________________________________________
Hope helped!!