Question

A loan of Rs. 3000 was repaid giving Rs. 3500 what is the interest paid?​

Answer 1

P = 3000

A = 3500

Si = A-P

= 3500-3000

= 500

Answer 2

Answer:

We know that,

S.I=A−P

2625−2500=Rs.125

So,

=

2500

2625−2500

×100

=

2500

125

×100

=5%

Then,

We get interest is 5%.

Step-by-step explanation:

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