Question

find find the answer of this question fast​

Answer 1

Answer:

(a) Ans)

Given principal amount (P) = Rs. 1,500

Given rate of interest (R) = 15% p.a.

Given time period (T) = 3 years

Simple interest = P x R x T / 100

⇒ 1500 x 15 x 3 / 100

⇒ 15 x 15 x 3

⇒ Rs. 675

Now, the amount to be paid at the end = Principal amount + Simple interest

⇒ Rs. 1,500 + Rs. 675

⇒ Rs. 2,175

∴ Hence, the amount to be paid at the end is Rs. 2,175

(b) Ans)

Given principal amount (P) = Rs. 9,500

Given rate of interest (R) = 5% p.a.

Given time period (T) = 3 years

Simple interest = P x R x T / 100

⇒ 9500 x 5 x 3 / 100

⇒ 95 x 5 x 3

⇒ 95 x 15

⇒ Rs. 1425

Now, the amount to be paid at the end = Principal amount + Simple interest

⇒ Rs. 9,500 + Rs. 1,425

⇒ Rs. 10,925

∴ Hence, the amount to be paid at the end is Rs. 10,925

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