Question

IL TOT
Find the amount to be paid at the end of 3 years in each case:
(a) Principal = 1,200 at 12% p.a. (b) Principal = 7,500 at 5% pa​

Answer 1

Answer:

a. 1632 b. 8625

Step-by-step explanation:

a. s.i = p x r x t / 100 = 1200 x 12 x 3 /100 = 432

amount = p + s.i = 1200 + 432 = 1632

b. s.i = 7500 x 5 x 3/ 100 = 1125

amount = 7500 + 1125 = 8625

Answer 2

a) 342 Rs
b) 1125 Rs


Hope it helps you