Question

Find the interest on ₹1200 invested for
5 years at 12% p. a simple interest. Also,
find the amount at the end of the period​

Answer 1

Answer:

1920 is a and I is 720

make me brainiest

Answer 2

Answer:

• Simple Interest is ₹ 720.
• Amount is ₹ 1920.

Step-by-step explanation:

Given that:

• Principal = ₹ 1200
• Rate = 12%
• Time = 5 years

To Find:

• Simple Interest and Amount

Formulas Used:

$\sf{\hookrightarrow SI =\dfrac{P\times R\times T}{100}}$

$\sf{\hookrightarrow Amount=Principal+SI}$

Solution:

Principal = ₹ 1200

Rate = 12%

Time = 5 years

$\sf{SI =\dfrac{P\times R\times T}{100}}$

Substituting the values,

$\sf\hookrightarrow SI =\dfrac{1200\times12\times5}{100}$

Cutting off the zeros,

$\sf\hookrightarrow\dfrac{12\!\!\!\not{0}\!\!\!\not{0}\times12\times5}{1\!\!\!\not{0}\!\!\!\not{0}}$

$\sf\hookrightarrow12\times12\times5$

Multiplying the numbers

$\sf\hookrightarrow720$

Hence, SI = ₹ 720

Now,

Amount = Principal + SI

= ₹(1200 + 720)

= ₹ 1920

Hence, Amount is ₹ 1920.