Rs 6050 is borrowed at 6.5% rate of interest p.a Find the
interest and the amount to be paid at the end of 3 years.
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Answered by
17
Answer:
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Step-by-step explanation:
Rs=6050
rate of interest=6.5 p.a.
time=3 years
S.I.=PRT/100
6050*6.5*3/100
1179.75
Amount to be paid=SI + Principle
1179.75+6050=7229.75
Answered by
3
percentage of interest 6.5
total money borowed 6050
so original +interest in 1year (6050+393.25)=6443.25
then total +interest in 3years 6443.25×3=19329.75
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