find the simple interest on rs2500 for 2 years 6 month at 6%per annum. what is the amount
Answers
Answered by
1
Answer:
Principal amount=$2500
Time=2 years 6 months =2 1/2=5/2
Rate of interest =6%
;Interest = PRT/100
=2500×6×5/2×100
=25×3×5
=375
;Interest =$375
Hope you got it.....
Answered by
1
Answer:
Rs.2875
Step-by-step explanation:
Simple interest formula:
So, P=2500
r = 6/100
t=2+0.5( 6 months means half of a year) =2.5
i=(2500×6×2.5)/100
i=37500/100
i= Rs.375
And total amount after 2.5yrs=
Rs.375+ Rs.2500= Rs.2875
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