Find amount ; if principal = rs 6050,rate = 6.5% p.a, time = 3 years� – InterviewSolution

1.	Find amount ; if principal = rs 6050,rate = 6.5% p.a, time = 3 years
Answer» 7320Step-by-step EXPLANATION:Simple interest = PRINCIPAL×Rate×Time(years)SI = 6050×6.5%×3 = 1179.75 = 1180 (round off)Amount = principal + INTERESTA = 6050 + 1180A = 7320

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