Question

the amount on rs 1020 for 3 1/3 years at 8% p.a is​

Answer 1

$\sf \Large Solution!!$

Principal (P) = Rs 1020

Time (T) = $\sf 3\dfrac{1}{3}$ years = 10/3 years

Rate of interest (R) = 8%

Interest (I) = $\sf \dfrac{P\times R\times T}{100}$

I = $\sf \dfrac{1020\times 8\times \dfrac{10}{3}}{100}$

I = $\sf \dfrac{272\cancel{00}}{1\cancel{00}}$

I = Rs 272

Amount = Principal + Interest

Amount = Rs 1020 + Rs 272

Amount = Rs 1292

Answer 2

Answer:

• The amount on Rs 1020 for3 1/3 years at 8% p.a is Rs 1292