Please find simple interest and amount
principal =1000
rate =3 percent per annum
time= 1 year
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Please find simple interest and amount
principal =1000
rate =3 percent per annum
time= 1 year
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→ Answer :
Simple Interest = RS. 30 , Total Amount = RS. 1030
→ Step-by-step explanation :
Principal = 1000 , rate = 3 % per annum , time = 1 year
[tex]SimpleInterest=\frac{PTR}{100} \\\\=>S.I.=\frac{1000*1*3}{100} \\\\=>S.I.=30[/tex]
So , Simple Interest = RS. 30
Total Amount = Principal + Simple Interest
=> Total Amount = 1000 + 30
=> Total Amount = RS. 1030
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Answer:
p 100
rate 3.%
time =1 year
si. = p*r*t/100
=1000*3*1/100
3000/100
=30
so simple intrest =30
amount =p+si
=1000+30
1030
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