The interest and amount to be paid by Tom after stipulated time is 432; 1632.
Principal=Rs1200
Rate=12%
Time=3year
Interest:
Interest= Principal ×Rate ×Time/100
Interest= 1200×12×3/100
Interest=Rs432
Amount:
Amount=1200+432
Amount=1632
Inconclusion the interest and amount to be paid by Tom after stipulated time is 432; 1632.
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