find the simple interest and the amount in this cases
1. principle is equal to rupees 4000 rate is equal to 7.25% P A and time 4 years and 6 months
Answers
Given:
- principle is equal to rupees 4000 rate is equal to 7.25% and time 4 years and 6 months.
To Find:
❶ simple interest.
❷ Amount.
_____________________
Analysis:
➷ 1 year has 12 months
➷so, 6 months equals half year
➷hence 4 years 6 months can be denoted as 4.5 years
Solution:
now, as per the given values to find simple intrest we use the formula :
let's evaluate now:
Amount:
➸ Amount equals principal + simple interest
➸Amount = 4000+1305
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hope this helps.!
Given:
★principle is equal to rupees 4000 rate is equal to 7.25% and time 4 years and 6 months.
To Find:
★simple interest amd amount ★
_____________________
➺1 year has 12 months
➺so, 6 months equals half year
➺therefore,4 years 6 months can be denoted as 4.5 years
Solution:
★now, as per the given values to find simple intrest we use the formula★ :
let's start
Amount:
↬Amount equals principal + simple interest
↬Amount = 4000+1305
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