Ex-5 2 () Cumin 1. Find the interest of: principal = 25000 Rate - 12.5% fue annum time =4 years
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Answer:
Given :-
- If a principal of Rs 25000 at the rate of 12.5% per annum for the time of 4 years.
To Find :-
- What is the simple interest.
Solution :-
Given :
- Principal = Rs 25000
- Rate of Interest = 12.5% per annum
- Time Period = 4 years
According to the question by using the formula we get,
The simple interest is Rs 12500 .
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To find Compound Interest
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