Find the simple interest:-
a. P=Rs 22,500 for 2.75 years at 8.12% p.a
Answers
Answered by
0
Answer:
put the formula prt/100 and find the value .
Answered by
10
Simple Interest = ₹5024.25
Amount = ₹27524.25
Step-by-step explanation:
GIVEN
Principal = ₹22500
Rate = 8.12%
Time = 2.75 years
___________________________
TO FIND
Simple Interest
___________________________
We know that,
Simple Interest = ( Principal × Rate × Time ) / 100
Simple Interest = ( 22500 × 8.12 × 2.75 ) / 100
Simple Interest = 502425 / 100
Simple Interest = 5024.25
Simple Interest = ₹5024.25
___________________________
Amount = Principal + Simple Interest
Amount = 22500 + 5024.25
Amount = 27524.25
Amount = ₹27524.25
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