Question

if principal 4200 , rate of interest 7 percent , time 3 years , what is the interest and amount

Answer 1

Answer:

Interest=Rs 882 and amount=Rs5082

Step-by-step explanation:

Interest =principal*rate of interest*time/100

Interest=4200*7*3/100

Interest=42*7*3=Rs 882

Amount=principal+interest

Amount=4200+882=Rs 5082