Math, asked by arshyanassassinac3, 8 months ago

Harish borrowed ₹15000 from Subhash At 16% Per annum for 3 (1 by 2) years. Find the interest and amount paid by Harish to Subhash.

Answers

Answered by sjena30400
3

Answer:

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Answered by Vamprixussa
25

≡QUESTION≡

Harish borrowed ₹15000 from Subhash At 16% Per annum for 3 (1 by 2) years. Find the interest and amount paid by Harish to Subhash.

                                                       

║⊕ANSWER⊕║

Principle = Rs. 15000

Rate = 16 %

Time = 7/2 years

Simple interest

\frac{P * R * T}{100}

\frac{15000 * 16 * 3.5}{100}

= 8400

Amount = P + SI\\              = 15000 + 8400\\= 23400

∴ Simple interest = 8400 Rs.

Amount paid = 23400 Rs.

                                                       

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