Question

If Principal is ₹ 20000 and interest is 1600 , then amount will be ____.

Answer 1

Solution:-

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$\leadsto$ Here it is given in the question that the principal and simple interest is Rs. 20,000 and Rs. 1,600 respectively. Now the question has asked us to find out the amount.

★ HOW TO DO:-

$\leadsto$ To find the amount we have to add the principal and simple interest. The result which we will get after adding the principal and the simple interest will be the amount.

ANSWER:-

❖ The amount is Rs. 21,600.

GIVEN:-

⟹ Principal = Rs. 20,000

⟹ Simple Interest = Rs. 1,600

TO FIND:-

➧ Amount = ?

FORMULA:-

➵ Amount = Simple Interest + Principal

SOLVING BY APPLYING THE FORMULA:-

• Finding the Amount:-

➤ Amount = Rs. 1,600 + Rs. 20,000

➤ Amount = Rs. 1,600 + Rs. 20,000 = 21,600

➤ Amount = Rs. 21,600

Thus, we got the answer. The amount is Rs. 21,600.

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