Question

find the simple interest on ₹25,000 at 8% per annum for 3 years?

Answer 1

Answer:

Simple interest = ₹6000

Step-by-step explanation:

Analyzing the question,

Given:

• Principal amount = ₹25,000
• Rate of interest = 8%
• Time = 3 years

To find:

Simple interest = ?

Solution:

Here we use the formula of Simple interest

$\maltese \: \: \pink{ \boxed{ \sf{SI = \dfrac{PTR}{100} }}}$

where:

• SI is the Simple interest
• P is the Principal
• T is the Time period
• R is the rate of interest

Now, just substitute the given values in this formula to obtain the required answer.

$\sf{SI = \dfrac{25000 \times 8 \times 3}{100} }$

$\dashrightarrow \: \: \sf{\sf{SI = \dfrac{250 \cancel{00} \times 8 \times 3}{ \cancel{100}} }}$

$\dashrightarrow \: \: \sf{SI = 250 \times 8 \times 3}$

$\dashrightarrow \: \: \sf{SI = 250 \times 24}$

$\dashrightarrow \: \: \sf{SI = 6000}$

∴ Simple interest = ₹6000

Answer 2

Answer:

The simple interest or Rs.25,000 at 8% p.a. for 3 years is

100

25,000×3×8

=250×24=6,000.

So at the end of 3 years Sanjeev has to pay 25,000+6,000=31,000.

According to the problem Sanjeev has paid 19.000 with a video camera.

So the value of video camere =31,000−19,000=12,000.

Step-by-step explanation:

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