Find the amount received on ₹6000 for 2 years at the rate of 11% p.a.
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Answer:
Step-by-step explanation:
rincipal=Rs.3000,
Time=2years
Rate=11%p.a.
Interest=
100
P×R×T
T= Time period
R%= Rate of interest
P= Principal
=3000×
100
11
×2
⇒Rs.660
Amount=P+PI
=3000+660=Rs.3660
= 11/100*6000
= 660
6000+660
6660