Harish borrows rupees 2500 at 3% per annum and Rs 1000 at 5% per annum interest what interest will Harish have to pay after 2 years
Answers
Answered by
9
Since this is simple interest, Harish would have to pay:
6% of 2500 + 10% of 1000 extra
= 150 + 100 = 250
Hence after two years he would have to pay 2750 Rupees.
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ansh7920:
Sorry but your answer is wrong
Answered by
74
Here is your answer.
P = Rs 2500
R = 3%
T = 2 years
SI = PRT/100
Now
P = Rs 1000
R = 5%
T = 2 years
SI = PRT/100
Therefore Harish paid after 2 years interest is
= 150 + 100
= Rs 250
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