Question

Hello solve this .........fast

Answer 1

Hello friends

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Let's write all the given values.

Given Principal (P) = 10000 Rupees.

Rate of Interest (R) = 3% per annum

Period (N) = 1 years.

We know that,

Total Amount (A) = Principal + Simple Interest.

So, we have to find the simple interest

We also know the formula for finding the simple interest which is,

S.I = P x N x R/100

S. I = 10000 x 1 x 3/100

S.I = 300


Now we can easily find the Amount,

So,by applying the formula for finding the amount which is,

Amount = P + S.I

Amount = 10000 + 300

Amount = 10,300


Therefore,ketan will get the amount of 10,300 at the end of the year.


Thanks...

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