principal=rupees 600, Time=3.5 years, Rate of interest=4.5 percent per annum.Find ammount.
Answers
Answered by
1
Is it Simple interest or Compound Interest?
Simple Interest= P×R×T/100
Simple Interest= 600×4.5×3.5/100
Simple Interest= 9450/ 100
Simple Interest= Rs. 94.50
Amount= Principal+ Simple Interest
Amount= 600+94.50
Amount= Rs. 694.50
Simple Interest= P×R×T/100
Simple Interest= 600×4.5×3.5/100
Simple Interest= 9450/ 100
Simple Interest= Rs. 94.50
Amount= Principal+ Simple Interest
Amount= 600+94.50
Amount= Rs. 694.50
Answered by
0
P = rs. 600
T = 3.5 year
Rate of interest = 4.5% per annum
A =?
I = P×T×R/100
> 600×3.5×4.5/100
> 9450/100
> rs. 94.50
Amount = P + I
> 600 + 94.50
> rs 694.5
T = 3.5 year
Rate of interest = 4.5% per annum
A =?
I = P×T×R/100
> 600×3.5×4.5/100
> 9450/100
> rs. 94.50
Amount = P + I
> 600 + 94.50
> rs 694.5
Similar questions