Find the amount received after depositing Rs 800 for a period of 3 yea

1.	Find the amount received after depositing Rs 800 for a period of 3 years at the rate of 12% per annum.Answer with quality:No spamming:Question to experts, moderators!
Answer» $\huge\star{\green{\underline{\mathfrak{Answer :-}}}}$ $\tt\huge{Finding\:Simple\:Interest:-}$ Formula :- $\huge\tt{\boxed{\dfrac{PRT}{100}}}$ PUTTING in the values, $\leadsto\tt{\dfrac{800\times 12\times 3}{100}}$ $\leadsto\tt{\dfrac{28,800}{100}}$ $\leadsto\huge\tt{\boxed{\pink{Rs.\:288}}}$ FINAL Amount = PRINCIPAL + SI $\leadsto\tt{800+288}$ $\leadsto\huge\tt{\boxed{\pink{Rs.\:1088}}}$ $\tt\huge{Finding\:compound\:Interest:-}$ Formula :- $\huge\tt{\boxed{P{(1+\dfrac{r}{100})}^{t}}}$ Putting in the values, $\leadsto\tt{800{(1+\dfrac{12}{100})}^{3}}$ $\leadsto\tt{800\times1.404928}$ $\leadsto\huge\tt{\boxed{\pink{Rs.\:1,123.9424}}}$ $\rule{200}5$