Question

хало
Principal = 65,000, Rate%=9.5%p.a., Time = 3=
years​

Answer 1

Answer:

18525

Step-by-step explanation:

formula =PTR÷100

Answer 2

Using the Formula for Simple Interest !

Step-by-step explanation:

Given, Principal amount (P) = Rs. 65,000 /-

Rate of Interest (R) = 9.5%  

and Time for Interest (T) = 3 Years

Using the formula of Simple Interest (S.I) = (Principal x Rate of Interest x Time) / 100

Applying to the Question -

Simple Interest (S.I) = (P x R x T) / 100

S.I = (65000 x 9.5 x 3) / 100

    = (617500 x 3) / 100

    = 1852500 / 100

    = 18525

Hence the Simple Interest calculated becomes Rs. 18,525

And the Amount to be received after three years becomes (Principal + Interest)65000 + 18525 = Rs. 83,525 /-