A man borrowed Rs25000 from a bank to buy a scooter .find the amount he would pay after 2percent years at 12 percent per annum simple interest. please write in copy than solve
Answers
Answered by
1
Step-by-step explanation:
Interest = 25000*2*12/100
= 250*2*12 = 6000
amount = principal + interest
= 25000+6000
= 31000 rs.
Answered by
0
P= 25000, R= 12%,T=2.5 years
SI= p*r*t*/100
= 25000*12*2.5/100
= 25000*12*25/1000
= 625*15
So, the answer is rs.7500
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