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1. principal in rupees 3000, rate of interest 4.5 number of year 2 , amount in rupees
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Answered by
38
According to the question:
- It is given that principal on 3000 rupees,4.5% rate of interest on 2 years time.We are said to find Simple Interest and amount.
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Given:
- Principal = 3000 rupees
- Time = 2 years
- Rate = 4.5%
To Find:
- Amount = ?
- Simple Interest = ?
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Using Formula:
Denote Simple Interest be 'SI',Rate be 'R',Time be 'T' and Principal be'P' as given here.
Now substitute the given values
Hence, Simple Interest is 270 rupees.
Now find Amount
Using Formula:
Now substitute the known values
Hence, Amount is 3270 rupees.
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Answered by
9
Given:-
- Principal = Rs.3000
- Rate = 4.5%
- Time = 2 years
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To find:-
- Amount in rupees.
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Solution:-
According to the question,
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Firstly,
- finding the Simple interest.
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We know that,
- SI = P × R × T/100
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Where,
- SI = Simple interest
- P = Principal
- R = Rate
- T = Time
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⇢ SI = 3000 × 4.5 × 2/100
⇢ SI = 27000/100
⇢ SI = Rs.270
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Hence,
- Simple interest is Rs.270.
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Now,
- finding the amount in rupees.
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We know that,
⇢ Amount = Principal + Simple interest
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⇢ Amount = 3000 + 270
⇢ Amount = Rs.3270
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Hence,
- The amount is Rs.3270.
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