Question

find the simple interest and the amount at simple interest of rupees 350 for3 year at 6%​

Answer 1

Answer:

350*6% for 3 years، the total interest will be 63

Answer 2

Correct Question:

Find the simple interest and the amount at simple interest of rupees 350 for 3 year at 6%​ rate of interest per annum.

What to find:

The simple interest and amount.

Information given in the question:

• Principle=350rs
• Rate of interest per annum=6%
• Time=3years

Solution:

The simple interest=

$\to$$\frac{350 * 3 * 6}{100} rs$

$\to=\frac{6300}{100} rs$

$\to=63rs$

Thus,

$\to$The simple interest=63rs

$\to$The amount=(350+63)rs=413rs

Used formula:

$\to Simple interest=\frac{Principle*Time*Rate of interest per annum}{100}$

$\to Amount=(Principle+Simple interest)$

Answer:

The simple interest=63rs

The amount=413rs