Question

A sum of rs 600 is lent for 3 years at the rate of 6 % per annum Find the interest Also find the amount which is to be paid to the lender at the end of 3 years solution step by step

Answer 1

Step-by-step explanation:

si=p×r×t /100

600×3×6/100

108..

amount=p+i

600+108

708..

Answer 2

Step-by-step explanation:

si = p * r * t / 100

si equal to 600 * 3 * 6 / 100

= interest 108

amount equal to p + si = 600 + 108

amount be paid after 3 years = 708