Question

4943
9) Find the simple interest and amount
to be paid if a sum of 6200 is lent at
8.5% p.a. for 3.25 years.​

Answer 1

Answer:

Interest = ₹ 1712.75

Amount = ₹ 7912.75

Step-by-step explanation:

$\bold{\underline{\underline{Formula}}}$

S.I = $\Large{\frac{P\:×T\:×R}{100}}$

S.I = $\Large{\frac{6200\:×\:3.25\:×\:8.5}{100}}$

S.I = $\large{\boxed{1712.75}}$

Amount = principal + S.I

Amount = ₹6200 + ₹1712.75

Amount = $\large{\boxed{\boxed{7912.75}}}$

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