Question

A sum of 2500 rupees is borrowed at a rate of 12% per annum for 3 years find the simple interest on this summer and also the amount to be paid at the end of 3 years​

Answer 1

Question:-

A sum of 2500 rupees is borrowed at a rate of 12% per annum for 3 years find the simple interest on this summer and also the amount to be paid at the end of 3 years.

To Find:-

Find the simple interest and amount.

Solution:-

Here

$</p><p>\underline{\underline{\sf{ Formula Used}}} : </p><p></p><p>$

$\tt\implies \: S.I = \dfrac { PTR } { 100 }⟹S.I= </p><p>100$

PTR

Substituting Values:-

$\tt\implies \: S.I = \dfrac { 2500 \times 12 \times 3 } { 100 }⟹S.I= </p><p>100$

2500×12×3

$S.I = \dfrac { 90000 } { 100 }⟹S.I=$

100

90000

S.I = 900⟹S.I=900

Finding the Amount:-

A = 2500 + 900⟹A=2500+900

A = 3400⟹A=3400

Hence ,

Simple Interest is 900

Amount is 3400

Answer 2

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