Question

The amount on principal Rs.4000 at 11.5%
p. a in 10 years is​

Answer 1

Answer:

Si =PRT/100 solve by yourself

Answer 2

Given,

Principal (P) = Rs. 4000

Rate = 11.5% per annum

Time = 10 years

To find,

The total amount.

Solution,

We can easily solve this problem by following the given steps.

According to the question,

We have:

Principal (P) = Rs. 4000

Rate = 11.5% per annum

Time = 10 years

We know that the following formula is used to find the simple interest:

Simple interest = Principal×rate×time/100

Simple interest = (4000×11.5×10)/100

SI = Rs. (40×115)

SI = Rs. 4600

Now, the total amount can be found by adding the principal amount and the simple interest.

Amount = Principal+simple interest

A = Rs. (4000+4600)

A = Rs. 8600

Hence, the total amount on principal Rs.4000 at 11.5%

Hence, the total amount on principal Rs.4000 at 11.5%per annum in 10 years is Rs. 8600.