Question

Find the simple interest and the amount for the following
1)50000 rupees for 3 years 25/2% per annum​

Answer 1

Answer:

Principle= 50000 Rupee

Time = 3years

Rate of interest = 25/2

Simple interest is= (PTR)/100

= (50000x3x25/2)/100 =

= 18750

Amount = 50000+18750

= 68750.