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

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

2 thoughts on “Find the amount when principal is<br />29200, rate 6%, Time 4 year 3 months.<br />​”

  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 –

    [tex]\bf \leadsto \: SI = \dfrac{PRT}{100}[/tex]

    [tex]\bf \leadsto \: A = P + SI[/tex]

    Abbreviations Used:

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

    Solution:

    • Find the SI.

    Use the formula,

    [tex]\sf \leadsto \: SI = \dfrac{PRT}{100}[/tex]

    Substitute the values,

    [tex]\sf \leadsto \: SI = \dfrac{29200 \times 6 \times 4.25}{100}[/tex]

    Cancel the zeros,

    [tex]\sf \leadsto \: SI = 292 \times 6 \times 4.25[/tex]

    Multiply the values,

    [tex]\sf \leadsto \: SI = Rs. \: 7446[/tex]

    • Find the A.

    Use the formula,

    [tex]\sf \leadsto \: A = P + SI[/tex]

    Substitute the values,

    [tex]\sf \leadsto \: A = 29200 + 7446[/tex]

    Add the values,

    [tex]\sf \leadsto \: A = Rs. \: 36646[/tex]

    Final Answer:

    ∴ 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

    stєp вч stєp єхplαnαtíσn

    Gívєn

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

    Tσ Fínd

    • Αmσunt

    Fσrmulα Usєd

    [tex]\sf \small \: SÍ = \frac{ P × R × T }{100} \\ [/tex]

    Α = P + SÍ

    Sσlutíσn :-

    fírstlч wє hαvє tσ fínd sí

    Fíndíng Símplє Íntєrєst ( SÍ )

    usíng fσrmulα

    [tex]\sf \small SÍ = \frac{P × R × T }{100} \\ [/tex]

    puttíng thє vαluєs

    [tex]➙ \: \: \sf \: \small \: SÍ \: \: = \frac{ 29200 × 6 × 4.25 }{100} \\ [/tex]

    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.

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