Question

possible to give answer​

Answer 1

Given,

Amount = Rs. 5600

Rate =12%

Time = 3yrs.

We know that,

$S I = \frac{p \times t \times r}{100}$

$S I = \frac{5600 \times 12 \times 3}{100}$

$S I = 56 \times 12 \times 3$

$S I = \: 2016$

Amount to be paid = S I + Principal amount

=> 5600 + 2016

=> Rs. 7616