Question

Nishtha took a loan for 3 1,00,000 at 9% p.a. for 3 years on simple interest. Calculate the amount payable by Nishtha after 3 years.​

Answer 1

$\huge \bold \red{solution}$

P = ₹1,00,000 , R= 9% p.a. , T = 3 years

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

$\frac{100000 \times 9 \times 3}{100}$

$\small \bold \red{ = rupees \: 27000}$

Amount = P + SI

= 100000 + 27000 = ₹127000