P = 500 R=6% perannum T= 4months, A=
Answers
Amount = ₹510
Step-by-step explanation:
GIVEN
Principal = ₹500
Rate = 6% per annum
Time = 4 month = 1/3 years
A = ?
___________________________
We know that,
Amount = Principal + Simple Interest
___________________________
Let's find Simple interest
Simple interest = ( P × R × T ) / 100
Simple interest = ( 500 × 6 × 1/3 ) / 100
Simple interest = ( 500 × 6 × 1/3 ) / 100
Simple interest = ( 3,000 × 1/3 ) / 100
Simple interest = 1,000 / 100
Simple interest = 10
Simple interest = ₹10
Simple interest for 3 month is ₹10
Amount = Principal + Simple Interest
Amount = 500 + 10
Amount = 510
Amount = ₹510
Amount is 510
Step-by-step explanation:
u want to know the amount the ans is here:
Given
P = 500, R = 6% , T = 4 months or 4/12 or 1/3 yrs
A = SI + P
We know that P is 500 so we need to find SI
SI = P×R×T /100
SI = (500 × 6 × 1/3) / 100
SI = 1000/100
SI = 10
Now Si is 10 n P is 500 so
A = 500 + 10
= 510
hope its helpful