Question

Rs. 6500 is borrowed at 6% rate of interest per annum.find the interest and the amount to be paid at the end of 3 years. class 7​

Answer 1

Answer:

The simple interest is 1170. The amount to be paid is 7670.

Step-by-step explanation:

Simple interest =PRT/100

=(6500×6×3)/100

=1170

Amount =Principal+Simple interest

=(6500+1170)

=7670