Question

vineet deposited 8500 rupees in finance company which pays 18% intrest per year find the amount he will recieve after 3 year

Answer 1

Ans.

Sum (S) = Rs 8500
Rate (r) = 18%
Time (t) = 3 years

So, interest
= (S×r×t)/100
= Rs (8500×18×3)/100
= Rs 4590

So, after the years, Vineet will get
Rs (8500 + 4590)
= Rs 13090
from the bank after 3 years.

Answer 2

PRINCIPAL = 8500₹

RATE = 18 %

TIME = 3 YEARS

$i = \frac{p \times r \times t}{100} -------$
$= \: \frac{8500 \times 18 \times 3}{10} = 4590$

AMOUNT =>

◆ P + I ◆

8500 + 4590
= > 13090