Question

Find the simple interest on 10,000 for 4
years at the rate of 11/2%. Find the total
amount due after four years.​

Answer 1

Answer:

simple interest = PTR/100

here p=10000, T= 4 , R= 11/2

S I = 10000 × 4 ×11/2 /100

S I =10000 × 4 × 11 /200

S I = 100 × 4 × 11 /2

S I = 100 ×2 × 11

S I =2200

now total amount is

10000+2200 = 12200

Step-by-step explanation:

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