Vijay deposited 12000 for for 2(3)/( 5)an interest of 15% per annum what amount does vijay get afters for 2(3)/(5) years?
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Answer:
Here, the given data is principal = Rs. 12,000 , Time period = 2\frac{3}{5} years , and Rate of Interest = 15 % .
As we know that SI=\frac{PRT}{100}.
now put the value of P ,R, T
you will get the value of SI as 4680 Rs.
As we know that amount = SI + Principal
Amount = (4680 + 12000) Rs.
Amount = 16680 Rs. this will be the value amount at the year of 2\frac{3}{5} years.
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ur ans is 17298.30 check the attached photo for explanation
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