Question

Rita took a loan of Rs 4200 at 5% of simple interest per annum for 4 months. Find the interest and the amount Rita has to pay at the end of 4 months.

answer it correctly and I will mark you as brainliest.​

Answer 1

Answer:

P = Rs 4200

R = 5%

T = 4/12 = 1/3

SI = P×R×T/100

= 4200×5×1/3×100

= Rs 70

Amount = P+SI

= Rs ( 4200+70)

= Rs 4270