Ms Sandhya deposits amount of Rs 31,400 ,to obtain S.P at the rate of 12% per annum for 8 years.What total amount will Ms Sandhya get at the end of 8 years?
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Hey! Here is your answer....
It may help u........
P= Rs. 31,400
R=12% p.a
T=8 yrs.
S.I.= P×T×R/100
= 31400×8×12/100
=314×96
=Rs. 30144
Amount = Rs. (31400+30144)
= Rs.61,544......
It may help u........
P= Rs. 31,400
R=12% p.a
T=8 yrs.
S.I.= P×T×R/100
= 31400×8×12/100
=314×96
=Rs. 30144
Amount = Rs. (31400+30144)
= Rs.61,544......
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