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Find the Amount to Be Paid at the End of 3 Years in Given Case: Principal = Rs 1,200 at 12% P.A. - Mathematics

Find the amount to be paid at the end of 3 years in given case:

Principal = Rs 1,200 at 12% p.a.

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Solution

Principal (P) = Rs 1200

Rate (R) = 12 % p.a.

Time (T) = 3 years

S.I. = `"PXRXT"/100`

`= (1200xx 12xx 3)/100`

= Rs 432

Amount = P + S.I.

= 1200 + 432

= Rs 1632

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APPEARS IN

NCERT Class 7 Maths
Chapter 8 Comparing Quantities
Exercise 8.3 | Q 9.1 | Page 172
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