Question

if the principal is 25000, rate of interest 3, time 2 what is the total amount and interest answer please​

Answer 1

Answer:

26,500

Step-by-step explanation:

Simple Interest =

$\frac{p \times r \times t}{100}$

So,

Simple Interest =

$\frac{25000 \times 3 \times 2}{100} = 1500$

Amount = Simple Interest + Principal

Amount = 25,00+1500= 26,500