Question

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 ​

Answer 1

Step-by-step explanation:

Interest = 25000*2*12/100

= 250*2*12 = 6000

amount = principal + interest

= 25000+6000

= 31000 rs.

Answer 2

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