Question

Principal=5000,Rate of Interest=8p.c.p.a,No of Days/years=3years,Find Amount (A)=?​

Answer 1

Step-by-step explanation:

P = 5000

r = 8%

t = 3 years

Now,

A = 5000 + ((5000 × 8 × 3)/100)

= 5000 + (120000/100)

= 5000 + 1200

= 6200