Question

Richa borrowed Rs s - 6, 500 from a friend at the rate of 6% p.a. for 2 years 6 months. Find the amount to be paid by her at the end of the period?​

Answer 1

Answer:  

simple interst = p into r into t / 100 =  6500 into 6 into 2.6 / 100 = 1014

amount paid = simple  interst + p = 6500 +1014 =7514