Question

On 25000 at 8% per annum for 6 years under simple interest​

Answer 1

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SI => ₹ 12,000

Answer 2

$Principal = rs.25000$

$Rate \: \: of \: \: interest = 8 \: percent \:$

$Time = 6 \: \: years$

$SI = P*R*T/100$

$SI = 25000*8*6/100$

$SI = 250*8*6$

$SI = rs. 12000$

$Amount = Principal + SI$

$Amount = rs. 25000 + rs. 12000$

$Amount = rs. 37000$