Principal=2575 Rate of interest=12% Period =365 days Interest=_____ Amount=_______
Answers
Answered by
3
Answer:
S. I. = ₹309
Amount = ₹2884
Step-by-step explanation:
Formula for simple interest :-
Where,
- p = principal
- r = rate
- t = time. = 365 days = 1 year
Applying all the values :-
Formula for amount :-
Applying values :-
Hence,
S. I. = ₹309
Amount = ₹2884.
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Answered by
2
Given:
Principal amount is given 2575,rate of interest is 12%,times period is 1 year.
To Find:
We need to find interest and amount?
Step-by-step explanation:
- Since we have Principal amount = 2575,
- rate of interest = 12%,
- times period =1 year.
[tex]S.I=\frac{P \times R \times T}{100} \\\\ =\frac{2575\times12}{100} \\\\ =309[/tex]
- Thus,Interest will be Rs.309
Amount=Principal + interest
Thus, amount=2575+309=2584
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