Question

Khalid Mehmood borrowed 2500 from sultan for 3 1/2 years at simple interest at 8% per annum. how much Khalid Mehmood has to pay at the end of the period

Answer 1

SI = PTR/100
SI=
$\frac{2500 \times 7 \div 2 \times 8}{100}$
SI =700
A =SI + P
A = 700+2500
A= 3200
so, khalid mohammed has refund 3200 Rs