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Find the amount when principal is

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

Question

Find the amount when principal is

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

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Mathematics
11 months
2021-06-30T15:35:27+00:00
2021-06-30T15:35:27+00:00 2 Answers
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## Answers ( )

Answer:Rate = 6 % Time = 4 years 3 months = 4.25 years

Step-by-step explanation::GivenPrincipal = Rs. 29200

Rate = 6 %

Time = 4 years 3 months = 4.25 years

We have to –Find the amount.

Formulas Needed:

The formulas are –

~ SI =PRT/100

A = P + SI

Abbreviations Used:

SI = Simple Interest

A = Amount

P = Principal

R = Rate

T = Time

:SolutionFind the SI.

Use the formula,

PRT

SI 100

Substitute the values,

29200 x 6 x 4.25

100

Cancel the zeros,

292 x 6 x 4.25

Multiply the values,

SI = Rs. 7446

Find the A.

Use the formula,

A = P + SI

Substitute the values,

A = 29200 + 7446

Add the values,

A = Rs. 36646

Final Answer:

.. Thus, the amount is Rs. 36646.

Answer:## 29200. Rate = 6 % Time = 4 years 3 months = 4.25 years.

## hope this is help you☺ friend