Question

Principal 25000 rate 2.55 p.a time 3 years find the s.i and amount

Answer 1

Step-by-step explanation:

S.I =

$\frac{ptr}{100}$

Here p = 25000

t = 3

r = 2.55

S.I =

$\frac{25000 \times 3 \times 2.55}{100} = 1912.5$

$amount \: = p(1 + \frac{tr}{100} )$

$= 25000(1 + \frac{3 \times 2.55}{100} )$

$= 25000(1.0765) \: \: \: = 26912.5$

Hence simple interest is 1912.5 and amount is 26912.5

You can even get amount by adding principal and interest i.e. 25000 + 1912.5 .

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