Question

A man borrowed Rs 15000/- at the rate of 24% SI and to clear the debt after 6years, much he has to return?

Answer 1

Using the Basic Formula:

$\huge\boxed{\sf{SI= \frac{(P \times R \times T)}{100}}}$

Given:

P = 15000

T = 6 Years

R = 24%

Simple Interest (S.I.):

$\implies$ (15000 × 24 × 6) / 100

$\implies$ (15000 × 144) / 100

$\implies$ (2160000 / 100)

$\implies$ Rs. 21600

Therefore:

Total interest = 21600

Total repayment:

$\implies$ S.I + Principal amount

$\implies$ 21600 + 15000

$\implies$ Rs. 36600

Final answer: Rs. 36600

Answer 2

Heya!

Here is ur answer...

GIVEN,

P= 15000

T= 6 years

R = 24%

Now,

SI = PTR/100

SI = 15000 x6x24/100

SI = 21600

And,

A = P+I

A = 15000+21600

A = 36600

Therefore, he has to return = 36600

Hope it helps