What total amount would Mithilesh get
at the three years if he invests an amount
of Rs. 11,200/- in a scheme which offers
simple interest @ 8.5 p. c. p. a. for three
years?

• Rs. 14,056/-
• 11 years agoHelpfull: Yes(0) No(0)
• 11200*.085=952
  (11200+952)*.085=1032.92
  (11200+1032.92)*0.085=1039.7982
  total amount = 1039.7982+11200=12239.7982
• 11 years agoHelpfull: Yes(0) No(1)
• 14056 because we get si as 2856 so adding to it gives 14056
• 11 years agoHelpfull: Yes(0) No(0)
• simple interest = PTR/100
  SI = 11200*3*8.5/100
  SI = 2856.0
  total amount = P+SI = 11200+2856 = 14056
  
• 11 years agoHelpfull: Yes(0) No(0)