This document calculates simple interest on a principal amount of Rs. 1,00,000 at an interest rate of 20% per annum for 1 year. It shows the calculation of interest as Rs. 20,000 and total amount as Rs. 1,20,000. It then uses the formula to calculate simple interest and arrives at the same total amount of Rs. 1,44,000.

1. Presented By:-
Amit Payal

5. 1,00,000/-
20,000/-
1,20,000/-

6. A=P(1+R/100)
A
P
R
N

7. A = ₹ 1,20,000.00 (1 + 20 / 100) 1
A = ₹ 1,20,000.00 1.2
A = ₹ 1,44,000.00

8. 144000 - 120000
24000
7 24000 7/12
14000