1) Principal = ₹ 25,000 R = 8 p. c. p. a. , T = 3years Find Interest. *
₹ 7000
₹ 6000
Answers
Answered by
9
➤ Given :-
Principle :- ₹ 25000
Rate of interest :- 8%
Time :- 3 years
➤ To Find :-
Simple Interest of the given sum
➤ Formula required :-
➤ Solution :-
Simple Interest :-
The simple interest of the given sum is ₹ 6000.
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Some related formulas :-
Principle :-
Rate of interest :-
Time :-
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More to know :-
- Simple Interest is the extra amount to be given when a person borrows some money from a person or a bank. The person who gives money is called lender. The person who takes money is called borrower.
- Principal is the amount given at first from lender to borrower.
- Rate of interest is the extra amount to be given from borrower to lender. It is always written in percentage format.
- Time is given for the borrower to return back the given money with the given interest.
BrainlyHope:
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Answered by
67
Given:-
▪︎Principal = ₹ 25,000
▪︎Rate of Interest = 8%
▪︎Time = 3 years
To Find:-
▪︎Simple Interst?
Solution:-
▪︎We are given that principal is Rs 25,000 and Rate of Interest is 8% per annum Time taken is 3 years. To find the Simple Interest, We are using the formula:
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