Principal = Rs 80000, rate= 5%, time = 3 years
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If u want interest only write interest I have solved here (in step by step explanation) with amount
Step-by-step explanation:
P= Rs. 80000
R= 5%
T= 3 years
As we know,
I = PxRxT
100
=80000x5x3
100 (cut the zero of 100 and two zeros
of 80000)
=800x5x3
=4000x3
I =16000
Now,
A= P+I
= 80000+16000
A=96000
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