Question

16,000 is borrowed at the rate of 8% p.a.
Find the simple interest and amount to be
paid after 3 years



please give the an answer​

Answer 1

Answer:

p=16000

r=8%

t=3yrs

Step-by-step explanation:

si=p×r×t/100

si=16000×8×3/100

si=5840

amount=p+si

=16000+5840

= 21840

ans.

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