Question

rupee 6000 is borrowed at 6% rate of interest per annum.find the interest and amount to be paid at the end 3 years​

Answer 1

Answer:

Principal (P) =Rs.6000

Rate (R) =6.5% p.a.

Time (T) =3 years

∴S.I.=

100

PRT

=

100

6000×6.5×3

=

100×10

6000×65×3

=Rs.1170

Step-by-step explanation:

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Answer 2

Answer:

The interest to be paid is 1080 and the amount is 7080.

Step-by-step explanation:

The given question is one of simple interest, we have been provided with the necessary details that we will need to find the simple interest on a certain amount of money and the amount after the given time

Inorder to find the simple interest on a certain sum of money we need to know the principal, time and rate of interest here

P=6000

T=3 years

R=6%

$S.I=\frac{PTR}{100}=\frac{6000.3.6}{100} = 1080$

The interest to be paid after 3 years is rupees 1080.

The amount after 3 years=principal+S.I=6000+1080=7080