Kala invested Rs. 12,000 in a business. She will be paid an interest at 10 % per
annum compounded annually. Find the Amount and C I credited against her
name after 3 years.
Answers
Answered by
4
Answer:
solved
Step-by-step explanation:
principal = 12,000 rs
rate of interest = 10% per annum
Time = 3 yrs
S.I = 12,000×10×3/100
= 360rs
Amount = principal × Simple interest
= 12,000 × 360 Rs
= 7,20,00 Rs
Answered by
10
Answer:
Kala invested Rs. 12,000 in a business. She will be paid an interest at 10 % per annum compounded annually. Find the Amount and C I credited against her name after 3 years.
Principal(p)=Rs.12000
Rate(r)=10%per annum
Time(n)=3 years
Amount=????
C.I.=?????
C.I.=Amount-Principal
=15,972-12000
=Rs.3,972
Amount after 3 yrs.=Rs.15,972
C.I. after 3 yrs =Rs.3,972
Similar questions