Question

if principal =11000 rupees ,rate =70% per annum and time =3 years, amount =_______? pls tell fast​

Answer 1

Answer:

34100

Step-by-step explanation:

Given,

Principle = Rs 11000

Rate = 70%

Time = 3 years

To find,

Amount

Procedure,

First, we need to find the Simple Interest (SI).

$SI= \frac{ p\times r \times t }{100}$

$SI = \frac{11000 \times 70 \times 3}{100}$

$SI = \frac{2310000}{100}$

$SI= 23100$

Now,

Now, We need to find the Amount

$Amount = principle + simple \: interest \:$

$Amount = 11000 + 23100$

$Amount = 34100$

Hope it helps you