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Find the amount received after depositing …

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Find the amount received after depositing Rs 800 for a period of 3 years at the rate of 12% per annum.
  • 2 answers

Sehaj Gamer? 4 years, 5 months ago

1088 is right answer ? this question start from 5th class u don't know how to solve this problem

Gaurav Seth 4 years, 5 months ago

P = Rs. 800 [Amount deposited]

T = 3 years

R = 12%

 

S.I. = PRT/100

S.I. = 800 × 3 × 12/100

S.I. = 8 × 3 × 12

S.I. = 288

 

Amount recieved = Rs. 288 + Rs. 800 {Principal + Simple Interest}

Rs. 1088

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