Question

Find the simple interest and amount on a sum of ₹25000 for 3 years at a rate of 7% per amount ​

Answer 1

Answer:

5250

Step-by-step explanation:

Formula ===) PxRxT

100

===) 25000x3x7

100

===) 5250

Answer 2

Answer:

Simple Interest = Principal × Rate × Time / 100

= Simple Interest = Rs 25000 × 7% × 3 yrs / 100

= Rs 5250.

Amount = Principal + Simple Interest = Rs 25000 + Rs 5250 = Rs 30250.

Hope it helps! :)