Question

Calculate the amount X has to pay to the JDFC bank at the end of five years, whichlend them Rs.25000 at a simple interest of 32%.​

Answer 1

If O is the centre of the larger circle, what is the probability that point chosen at random within the circumference of the larger circle, lies outside the smaller circle!?

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Answer 2

Answer:

Rs.65,000

Step-by-step explanation:

Given:- Principle amount that X took from JDFC bank = 25000

           Rate of interest is 32% per annum.

           Time taken = 5 years.

To Find:- Amount that X will have to pay at the end of 5 years to JDFC bank.

Solution:-

We know that,

   Simple Interest = ( Principle × Rate of interest × Time taken )/100

   Amount = Simple Interest + Principle

Given that Principle amount = 25000

Rate of interest = 32%

Time taken = 5 years

Putting all given values in the formula,

∴ Simple Interest = ( 25000 × 32 × 5 ) ÷ 100

⇒ SI = 250 × 32 × 5

⇒ SI = 250 × 160

⇒ SI = 40,000

Now, total amount = SI + Principle  = 40000 + 25000

                                                          = Rs.65000

Therefore, X will have to pay an amount of Rs.65,000 to JDFC bank at the end of 5 years.

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