john deposited ₹5500 in a finance company which pays 14% interest per year . find the amount he will receive after 3 years
Answers
Answered by
22
S.I = P*R*T /100
=5500*14*3 / 100
= Rs. 2310
Amount = P + SI
= 5500+2310
= 7810
Answered by
5
Answer:
Step-by-step explanation
SI = P×R×T÷100
= 5500×14×3÷100
= 55×14×3
= 2310
Amount = P + SI
= 5500+2310
= 7810
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