Question

If ₹4500 is borrowed at 5% p.a simple interest for 3
and a half years,

find the simple interest and amount to be paid back​

Answer 1

Step-by-step explanation:

P = Rs.45000

R = 5%

T = 3 years

SI = ?

A=?

SI = P*T*R/100

SI = 45000*3*5/100

SI = 450*3*5

SI = Rs.6750

A = SI + P

A = 6750 + 45000

A = Rs.51750

Hope it helps you...