Question

Mr. prakash took a loan of Rs .1600 Form Mr.suresh for 3 years at 10% peranuum .on simple interest and amount.​

Answer 1

Step-by-step explanation:

Solution

Given:-

• P= Rs 16,000

• T= 3 Years

• R= 10 %

Find:-

• S.I=?

• Amount (A)=?

Explanation:-

$\sf \blue{using \: formula}$

★ S.I = ( P ×R × T) /100

★Amount ( A ) = P + S.I

First Calculate S.I

===> S.I = ( P× R × T )/ 100

Keep All Above Values

===> S.I = ( 16,000 ×3× 10 )/100

===> S.I = 1600× 3

===> S.I = Rs 4800

Now Calculate Amount

===> Amount = P + S.I

===> Amount = 16,000 + 4800

===> Amount =20,800

Hence

• S.I will be = Rs 4,800

• Amount Will be = Rs 20,800

________________________

Answer 2

Answer:

Principal amount (P)=Rs.16000

Rate of interest, (R)=10% per annum or 5% per half year.

Time (n)=1 21

=23

years.∴A=P(1+ 100R ) n

⇒=16000(1+ 1005 ) 3

⇒=16000×( 100105) 3

⇒=Rs.18522