Advertisements
Advertisements
Question
Find the amount to be paid at the end of 3 years in given case:
Principal = ₹ 1,200 at 12% p.a.
Advertisements
Solution
Principal = ₹ 1200
Rate = 12% p.a.
Time = 3 years
Simple interest in years = `("Principal" xx "Rate" xx "Time")/100`
= `(1200 xx 12 xx 3)/100`
= ₹ 432
Amount = Principal + Simple Interest
= 1200 + 432
= ₹ 1632
APPEARS IN
RELATED QUESTIONS
Find the amount to be paid at the end of 3 years in given case:
Principal = ₹ 7,500 at 5% p.a.
Find the interest and the amount on:
₹ 4,000 in `1 1/3` years at 2 paise per rupee per month.
At a rate of 10 p.c.p.a., what would be the interest for one year on rupees 6000?
Sheela has paid simple interest on a certain sum for 4 years at 9.5% per annum is ₹ 21,280. Find the sum
The value of a machine depreciates at 10% per year. If the present value is ₹ 1,62,000, what is the worth of the machine after two years?
Gayatri’s income is ₹ 1,60,000 per year. She pays 15% of this as house rent and 10% of the remainder on her child’s education. The money left with her is ______.
Interest = `(P xx R xx T)/100`, where T is ______ R% is ______ and P is ______.
The interest on ₹ 350 at 5% per annum for 73 days is ₹ 35.
Radhika borrowed ₹ 12000 from her friends. Out of which ₹ 4000 were borrowed at 18% and the remaining at 15% rate of interest per annum. What is the total interest after 3 years?
Dhruvika invested money for a period from May 2006 to April 2008 at rate of 12% per annum. If interest received by her is ₹ 1620, find the money invested.
