Question

find the S.I and amount on rs.950 for 3 years at 10% p.a give me full answer with step by step

Answer 1

Answer:

SI = PTR/100

P = Rs.950 , T = 3 years , R = 10%

= 950×3×10/100

= 285 rs

Thus interest for 3 yrs = 285 Rs and amount = Rs 950 + 285 = 1235 Rs

Answer 2

As per the data given in the question,

In the above question, it is given that,

The given amount is Rs.950  

For the year 3years.

At the rate of 10%

Here we have to find the simple interest.

We have to use the formula of SI,

$SI=\frac{PRT}{100}$

Further substituting the value in the above equation we get,

$SI=\frac{950\times 10\times 3}{100}$

$SI=\frac{28500}{100}$

Further solving the above equation

$SI=285$

Hence the SI for 3 years is 285 and the amount of Rs.1235