maya took a loan for Rs 4500 at 5.5 of simple interest per annum for 4 months.find the interests and the amount sheela has to pay at the end of 4 months
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Answered by
7
Answer:-
Given:
Principle (P) = Rs. 4500
Rate of interest (R) = 5.5 %
Time (T) = 4 months
- 1 month = 1/12 years.
⟶ 4 months = 4/12 = (1/3) years.
We know that,
SI = PTR/100
so,
⟶ SI = (4500)(1/3)(5.5) / 100
⟶ SI = 15(5.5)
⟶ SI = Rs. 82.5
Now,
Amount = Principle + Interest
⟶ Amount = 4500 + 82.5
⟶ Amount = Rs. 4582.5
∴ Maya has to pay an amount of Rs. 4582.5 with an interest of Rs. 82.5
Answered by
18
Maya took a loan for Rs 4500 at 5.5 of simple interest per annum for 4 months.find the interests and the amount sheela has to pay at the end of 4 months.
- Principal = Rupees 4500.
- Rate of interest = 5.5 percentage.
- Time = 4 months.
- Interest nd amount Sheela have to pay in the end of 4 months.
So,
SI = (4500)(1/3)(5.5)/100
SI = 15(5.5)
SI = Rupees 82.5
Now,
Amount = 4500 + 82.5
Amount = Rupee 4582.5
Maya have to pay an amount of Rupee 4582.5 with an interest of Rupee 82.5
Hope it's helpful
Thank you :)
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