PRINCIPLE=10,000 TIME=3 YRS RATE OF INTEREST=2%
WHAT WILL BE TOTAL AMOUNT WITH INTEREST AFTER 3 YEARS.
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₹ 600 = Answer of the question
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Principal = Rs. 10,000
Time = 3 years
Rate of interest = 2%
Simple interest = Principal × Time × Rate
100
= 10,000 × 3 × 2
100
= Rs. 600
Amount = Principal + Simple interest
= 10,000 + 600
= Rs. 10,600
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