Calculate the Simple Interest
Rohan borrows ₹1,25,400 from Ravi at the rate of 12.5% p.a. for a period of 9 months. Calculate the total amount he must repay after the duration.
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Answer:
S.I.=P×R×T. 1 YEAR =9/12
S.I.= 1,25,400×12.5×9/100×12
S.I.= 1,254×125×3/10×4
S.I.= 470250/40
S.I.=11756.25
A= P+I
A= 1,25,400+11756.25
A=137156.25
Answered by
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Rs. 1,37,156.25 must repay after the duration
Step-by-step explanation:
Given: Principal;P = Rs 1,25,400
Rate;R = 12.5% per year
Time; T : 9 months = years
Now as we know
where S.I. is simple interest , T is time in years , P is principal and R is rate of interest
Therefore
Amount must be repay = Principal + S.I.
= Rs. 1,25,400 + Rs. 11756.25= Rs. 1,37,156.25
Hence, Rs. 1,37,156.25 must repay after the duration
#Learn more
Find the simple interest on Rs. 68,000 at 16(2/3)% per annum for a period of 9 months?
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