Po 1200 R=2% T= 2 years find iis amount and simple interest?
Answers
Answered by
0
Answer:
5/
Step-by-step explanation:
Principal(P)=Rs.1200
Amount(A)=Rs.1320
S.I.=A−P=Rs.1320−Rs.1200=Rs.120
Time(T)=2 years
Rate%=
P×T
S.I.×100
=
1200×2
120×100
=5% p.a.
Answered by
1
Given:
- Principal = ₹1200
- Rate = 2%
- Time = 2 years.
To find:
Simple interest and Amount.
Solution:
Finding the Simple interest:
Now, finding the Amount:
Hence, the simple interest is ₹48 and Amount is ₹1248!!
Extra Information:
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