0 If Principal is3500 and rate of interest is 7 % pa.Find the amount at the end of 2 years. About the author Serenity
Answer: Amount = 3990 Step-by-step explanation: Amount= principal + interest we know the principal but not the interest so first we need to find the interest Interest = Principal × Rate × Time 100 = 3500 × 7 × 2 100 = 490 is the simple interest Amount = Principal + Interest = 3500 + 490 = 3990 Amount = 3990 Reply
Answer: interest=100p∗r∗t p = principal amount , r = rate , t = time interest=3500∗7∗2/100 interest = RS. 490 Reply
Answer:
Amount = 3990
Step-by-step explanation:
Amount= principal + interest
we know the principal but not the interest so first we need to find the interest
Interest = Principal × Rate × Time
100
= 3500 × 7 × 2
100
= 490 is the simple interest
Amount = Principal + Interest
= 3500 + 490
= 3990
Amount = 3990
Answer:
interest=100p∗r∗t
p = principal amount , r = rate , t = time
interest=3500∗7∗2/100
interest = RS. 490