## Find the amount when principal is29200, rate 6%, Time 4 year 3 months.​

Question

Find the amount when principal is
29200, rate 6%, Time 4 year 3 months.

in progress 0
2 years 2021-07-17T16:04:14+00:00 2 Answers 0 views 0

1. ### Given:

• Principal = Rs. 29200
• Rate = 6 %
• Time = 4 years 3 months = 4.25 years

### What To Find:

We have to –

• Find the amount.

### Formulas Needed:

The formulas are –

### Abbreviations Used:

• SI = Simple Interest
• A = Amount
• P = Principal
• R = Rate
• T = Time

### Solution:

• Find the SI.

Use the formula,

Substitute the values,

Cancel the zeros,

Multiply the values,

• Find the A.

Use the formula,

Substitute the values,

∴ Thus, the amount is Rs. 36646.

2. ## ༄ Quєstíσn:–

Find the amount when principal is

29200, rate 6%, Time 4 year 3 months.

## ༄ Αnswєr :-

Αmσunt = 36646

### Gívєn

• Príncípαl = Rs. 29200
• Rαtє = 6%
• Tímє = 4 чrs 3 mσnths = 4.25 чrs

• Αmσunt

Α = P + SÍ

## ༄ Sσlutíσn :-

fírstlч wє hαvє tσ fínd sí

### Fíndíng Símplє Íntєrєst ( SÍ )

usíng fσrmulα

puttíng thє vαluєs

cαncєl thє zєrσs

➙ SÍ = 292 × 6 ×4.25

multíplч thє vαluєs

➙ SÍ = Rs. 7446

### nσw, fíndíng αmσunt

fσrmulα

Α = P + Sí

put thє vαluєs

➙ A = 29200 + 7446

αdd thє vαluєs

➙ A = Rs.36646

Thєrєfσrє , αmσunt ís Rs.36646.