Find the amount after 3 years if P=1200 Rs at rate of 12%p.a.​

2 thoughts on “Find the amount after 3 years if P=1200 Rs at rate of 12%p.a.​”

1. [tex]\bf\pink{QuestioN:-}[/tex]

   Find the amount after 3 years, if P = 1200 Rs at rate of 12 % p.a.​

   [tex]\bf\green{AnsweR:-}[/tex]

   Given :-

   Principal = Rs 1200

   Rate of interest = 12 % p.a

   Time = 3 years

   To Find :-

   The amount after 3 years

   Solution :-

   Principal (P) = Rs 1200

   Rate ( R ) = 12 %

   Time (T) = 3 years

   [tex]\Large\blue\pmb{S.I=\bf\dfrac{PRT}{100}}[/tex]

   [tex]\Large\blue\pmb{S.I=\bf\dfrac{1200\times12\times3}{100}}[/tex]

   [tex]\Large\blue\pmb{S.I=\bf{Rs\:432}}[/tex]

   • Amount = Principal + simple interest

   = 1200 + 432

   = Rs 1632

   Hence the answer for your question is Rs. 1632.

   All Done !!☺

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2. Step-by-step explanation:

   Given: Principal(P)=1200

   Rate of interest(R)=12%

   Time(T)=3 years

   To find: Amount(A)

   Solution/Calculation:

   Simple Interest(I)= P×R×T/100

   =1200×12×3/100

   =43200/100

   =432

   Amount=Principle(P)+Simple Interest(I)

   =1200+432

   =1632

   Answer: 1632 Rs. is amount after 3 years

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