vinay borrowed rupees 9000 for 3 years at the rate of 5% p.a. find the amount after 3 years
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Note: For solution refer to the attachment mate!
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- In the question, Principal is rupees 9,000, Rate of interest is 5% P.A, Time is 3 years so, we will find the interest, by the formula (P×R×T/200) and we got interest which is rupees 1,350.
- Second thing is, to find the amount, For finding the amount we will use the formula Principal + Simple Interest, so the principal is 9000 and simple interest is rupees 1,350 we will do the sum for finding amount and we got the answer rupees 10, 350
And we're done!!
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Thank you!
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Answered by
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Answer:
Note: For solution refer to the attachment mate!
__________________________
DetailedExplaination
In the question, Principal is rupees 9,000, Rate of interest is 5% P.A, Time is 3 years so, we will find the interest, by the formula (P×R×T/200) and we got interest which is rupees 1,350
.
Second thing is, to find the amount, For finding the amount we will use the formula Principal + Simple Interest, so the principal is 9000 and simple interest is rupees 1,350 we will do the sum for finding amount and we got the answer rupees 10, 350
And we're done!!
Attachments:
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