Mrs Sandhya deposits an amount of 31400 to obtain a simple interest at the rate of 12% per annum for 8 years what total amount will Mrs sandhya get at the end of 8 years?
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Answered by
2
Rs61254 is the total amount..
maria9:
plz give explanation
Answered by
4
P = 31400
R = 12%
T = 8 years
SI = PRT/100
= 31400 x 12 x 8/100
= 30124
amount = 31400 + 30124
= 61524
hope it helps!
thank you :-)
R = 12%
T = 8 years
SI = PRT/100
= 31400 x 12 x 8/100
= 30124
amount = 31400 + 30124
= 61524
hope it helps!
thank you :-)
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