Question

Find the simple interest and amount
to be paid if a sum of 6200 is lent at
8.5% p.a. for 3.25 years.​

Answer 1

Answer:

3.25 years = 3(1/4) ° = 13/4 years

SI = PRT/100 = 6200*8.5*13/100*4 = 1712.75₹

amount = P+SI = 7912.75₹ (Ans)

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