Math, asked by rasalved25, 4 months ago

Q.2. Answer
Answer the following word problems &
1. Vinita borrowed Rs 36,000 at 6 p:cipua for
a year . How much interest will he pay to
the bank at the end of the year! step by step exaplaintion​

Answers

Answered by Anonymous
2

Answer:

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Formula for Simple interest : I=P × R × T/100

I=100P×R×T

where P= Principa

lR =Rate of interest

T=Time

As per given ,

we haveP= Rs. 36000

R = 6%

T= 4 years

Put these values in above formula , we get

I=36000 × 6 × 4/100

100/36000×6×4=8640

Total amount has to pay along principal = Rs 36000+Rs 8640= Rs44640

Hence,  Vinita has to pay Rs 44640.

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