Question

find the simple interest on rs 72000 at 13percent per annum for 4 years .also, find the ammoun​

Answer 1

Given :

Principal ( P ) = ₹72000

Rate of interest% ( R ) = 13

Time ( T ) = 4 yrs

To Find : Amount ( A )

Solution :

We know, Amount ( A ) = Principal (P) + Interest ( I )

SI = P×R×T/100

Using the above formula, We get

SI = 72000×13×4/100

= ₹37440

• A = P + I

= ₹37440 + ₹ 72000

= ₹109440

Thus, the required simple interest is ₹ 37440 and amount is ₹109440.