Question

find the interest on ₹ 25,000 for a period of 4 years at the rate of 9% per annum .Also,find the amount to be paid at the end of the period​

Answer 1

Answer:

Simple Interest = (P×R×T)/100

∴ SI = (25000 × 9 × 4)/100

Simple Interest = Rs. 9000

Amount = Principal + Simple Interest

Amount = 25000 + 9000

Amount = Rs. 34000