Question

Nishtha took a loan for Rs. 1, 00,000 at 9% p.a. for 3 years on

simple interest. Calculate the amount payable by Nishtha after 3

years.​

Answer 1

Answer:

Principle= 1,00,000

Rate of interest= 9% p.a.

Time=3yrs

S.I= p*r*t/100

= 1,00,000*9*3/100

=27,000

S.I= 27,000

Amount= 1,00,000+27,000

=1,27,000

Step-by-step explanation:

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