Question

3. The amount on 25,000 at 8 % per annum for 6 years under simple interest is
(a) 35,000 b) 37,000 (c) 45,000
(d) 47,000​

Answer 1

Answer:

b answer 37000

simple interest= p*r*t /100 25000*8*6/100

250*8*6 = 12000

Amount= principle amount + SI

25000+ 12000 = 37000