Question

Rs. 7000 is borrowed at 8 percent rate of interest every annum. find the simple interest to be paid at end of 5 years​

Answer 1

Answer:

2800 rupees is the s.i

Step-by-step explanation:

s.i = p * t * r

s.i = 7000 * 5 * 8 /100

s.i = 2800

Answer 2

Simple interest = 2800

Explanation is given above.