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Find the amount .Rs. 2500 for 3 years at...

Find the amount .Rs. 2500 for 3 years at 12% per annum.

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To find the total amount after 3 years for a principal of Rs. 2500 at an interest rate of 12% per annum, we can use the formula for calculating the amount (A) in simple interest: \[ A = P + I \] Where: - \( A \) is the total amount after time \( t \), - \( P \) is the principal amount, - \( I \) is the interest earned. First, we need to calculate the interest (I) using the formula: \[ I = \frac{P \times R \times T}{100} \] Where: - \( I \) is the interest, - \( P \) is the principal amount (Rs. 2500), - \( R \) is the rate of interest (12%), - \( T \) is the time (3 years). ### Step 1: Calculate the interest (I) Substituting the values into the formula: \[ I = \frac{2500 \times 12 \times 3}{100} \] ### Step 2: Perform the multiplication First, calculate \( 2500 \times 12 \): \[ 2500 \times 12 = 30000 \] Now, multiply by 3: \[ 30000 \times 3 = 90000 \] ### Step 3: Divide by 100 to find the interest Now, divide by 100: \[ I = \frac{90000}{100} = 900 \] So, the interest earned over 3 years is Rs. 900. ### Step 4: Calculate the total amount (A) Now, we can find the total amount (A) by adding the principal (P) and the interest (I): \[ A = P + I \] Substituting the values: \[ A = 2500 + 900 \] ### Step 5: Perform the addition \[ A = 3400 \] Therefore, the total amount after 3 years is Rs. 3400. ### Final Answer: The amount after 3 years is Rs. 3400. ---
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PEARSON IIT JEE FOUNDATION-RATIO AND ITS APPLICATIONS-SHORT ANSWER TYPE QUESTIONS
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