Question

P=800 r=20 find A value time is 2year 3month

Answer 1

Solution:

Principal (P) = Rs800

Rate of interest (R) = 20%

Time (T) = 2years 3 months

= ( 2 + 3/12) years

= (2+1/4) years

= [(8+1)/4 ] years

= 9/4 years

Now ,

Simple interest (I) =(PTR)/100

= (800×9×20)/(4×100)

= 2×9×20

= 360

I = Rs 360

Therefore,

Amount (A) = P + I

= Rs 800 + Rs 360

= Rs 1160

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