Question

Kabir borrows 60000, out of which 25000 at 5% and remaining at 8% per annum. Find the total interest paid by him in 4 years.​

Answer 1

Answer:

Rs 660

Step-by-step explanation:

Given Principal amount P = Rs 500

Time period T = 4 years

Rate of interest R = 8% p.a.  

We know that simple interest = (P × T × R)/100

On substituting these values in the above equation we get  

SI = (500 × 4 × 8)/100

= Rs 160

Amount = Principal amount + Interest

= Rs 500 + 160

= Rs 660

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Answer 2

Answer:

Principal amount is 70,000Rs

Rate of Interest is 9%

Time period is 3ys

I=100PRT

I=10070,000×9×3=18,900Rs.

A=P+I

A=70,000+18,900=88,900Rs.

Step-by-step explanation:

just compare it , then solve it ,

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