Question

3. Find the interest on 25,000 for a period of 4 years at the rate of 9% per annum
Also, find the amount to be paid at the end of the period.
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Answer 1

Step-by-step explanation:

Here,

given that

$principle = 25000$

$time \: period = 4 \: years$

$rate \: of \: interest = 9\%$

therefore,

the amount to be paid at the end of the period

$interest = principle \times time \: period \times rate \: of \: interest$

$= 25000 \times 4 \times \frac{9}{100}$

$= 9000$

then,

$amount = principle + interest$

$= 25000 + 9000$

$= 34000$

Answer 2

Answer:

Simple interest = ( P×R×T) / 100

SI = ( 25,000 × 9 × 4 )/100

Simple interest = Rs. 9000

Amount = Principal + Simple interest

Amount = 25,000 + 9000

Amount = Rs. 34,000

Step-by-step explanation:

Here is your answer dear, hope it will helps you.

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