Question

Find the simple interest and amount on:
$9275 for 3 years at 7 1/2 % per anum.

Answer 1

Answer:

Amount = Rs. 10,666.25       Simple Interest = Rs. 1,391.25

Step-by-step explanation:

P= Rs 9,275

R= 7.5%= 75/10&

T= 2 yrs

S.I.= PRT/100

   = 9,275 * 75 * 2 / 100 * 10

   = Rs. 1,391.25

A= P + S.I.

 = 9275 + 1,391.25

 = Rs. 10,666.25