Question

If Rita borrowed Rupees 6050 at 6.5% rate of interest per annum find the simple interest and the amount to be paid at the end of 2 years

Answer 1

Given
P=6050
R=6.5% p.a.
T=2yr

Si= pxrxt/100

=6050x6.5x2/100

Simple interest =₹786.5

AMOUNT = Principal + simple interest

AMOUNT =6050+786.5=₹6836.5

This is ur ans hope it will help you

Answer 2

Given that Time = 2 years.

Given that Rita borrowed rupees 6050.

P = 6050.

Given that she borrowed at 6.5% per annum.

R = 6.5%.

We know that SI = PTR/100

                            = 6050 * 2 * 6.5/100

                            = 6050 * 2 * 65/100 * 10

                            = 786500/1000

                            = 786.5



We know that Amount = Principal + Interest

                                       = 6050 + 786.5

                                       = 6836.5.


Hope this helps!