Question

. 5. Simple interest of 1250 for 3 year at 12% per annum will be d. 1695 a. 425 b. 450 c. 800​

Answer 1

Answer:

In case of Fabina:

P=Rs.12500

R=12% per annum and T=3 years, then

SI=

100

P×R×T

​

=Rs.(

100

12500×12×3

​

)=Rs.4500

In case of Radha:

Amount=P(1+

100

R

​

)

T

Amount=Rs.[12500×(1+

100

10

​

)

3

]

              =Rs.(12500×

100

110

​

×

100

110

​

×

100

110

​

)=Rs.16637.50

∴ Compound Interest =Rs.(16637.50−12500)=Rs.4137.50

Hence, Fabina pays Rs.(4500−4137.50),i.e.,Rs.362.50 more as interest.

Step-by-step explanation:

Answer 2

Answer:

450

principal x Rate x time ÷ 100

1250 x 12 x 3 ÷ 100

45000÷ 100

=450