Question

Calculate simple interest :
(a) p = 2500, rate 8% PA, T = 1 year
(b) P = 4200, rate 6% P.A, T = 3 year please answer me ​

Answer 1

Step-by-step explanation:

The simple interest rate is 8 %p.c.p.a

principal amount is Rs.2500

After one year, the interest would be 6% of

Rs.2500= 8 ×2500

100

=Rs.200

Principal (P) = 4200 rupees,

Rate of interest (R) = 6 %

Time (T) = 3 years

Total interest (I) = P×R×T

100

= 4200× 6 × 3

100

= 756 rupees

Total Amount = P + I

= 4200 + 756

= 4956 rupees

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