Question

FIND THE AMOUNT IN THE FOLLOWING CASES.

2. PRINCIPAL = Rs 3500, TIME = 2 YEARS AND INTEREST RATE = 8 %.

PLEASE ANSWER IT DON'T SPAM ​

Answer 1

Answer:

Simple interest (SI)

Here,

Principal amount (P) = Rs.3500

Time (T) = 165 days =

Rate of interest =

%

= 2.5 %

SI =

= 39.55

∴ Simple interest = Rs39.55

Answer 2

Answer:

4060 rs.

Step-by-step explanation:

I= P×R×T/100

I= 3500×8×2/100

I= 560rs.

A= P+I

A= 3500+560=4060rs.

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