Question

. Using the formula, calculate the amount, when:
Principal = 20,000, Rate = 15% per annum, Time = 3 years.​

Answer 1

Answer:

RS. 29000

Step-by-step explanation:

simple interest

SI=(PRT)/100

=20000*15*3/100

=9000

Total amount=SI+P

=20000+9000

=29000 rs.

Hope this helps!

Mark as the brainliest!

Answer 2

Answer:

Since it is in compound interest

Ans:-₹10417.5

Step-by-step explanation:

Here,

P = ₹20,000

R = 15%

n = 3 years

We know,

A = P(1+r/100)^n

=> A = ₹20000(1+15/100)³

=> A = ₹20000(115/100)³

=> A = ₹20000×(115/100)×+115/100)×(115/100)

by cancelling zero

=> A = 2 ×115×115×115/100

=> A = 13225×230/100

=> A = 3041750/100

=> A = 30417.5

Now,

C.I. = ₹ (30417.5 - P)

= ₹ (30417.5 - 20000)

= ₹ 10417.5

$hope \: i t \: will \: help \: u \\ \\ please \: mark \: me \: \\ as \: brainleast$