Question

principal =2400 Rate=7/2% Time =8/12 years

I have to find the Intrest and the amount


Please answer ​

Answer 1

Answer:

given, principal (p) =2400

rate(r) =7/2%

time(t) =8/12yr

.therefore,intrest=p*r*t/100

so, =2400*7/2*8/12/100

=24*7*8/2*12

. intrest=56

.amount=principal+intrest

=2400+56

=2456

.hence,

intrest=56 and amount=2456 is right answer.