Question

rupees 6050 is borrowed at 6.5 % rate of interest p.a find the interest and amount to be paid at the end of 3 years

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Answer 1

$\large \red{ \mathfrak{ \underline{ \underline{Hi \: \: dear \: \: user!!!}}}}$

$\large\mathtt {\underline{Question}}$

rupees 6050 is borrowed at 6.5 % rate of interest p.a find the interest and amount to be paid at the end of 3 years

$\large \mathtt {\underline{Answer}}$

P = Rs. 6050

R = 6.5% p.a.

T = 3 years

∴ Interest to be paid at the end of 3 years.

$\large\implies{ \frac{ PRT}{100} }$

$\large\implies{ \frac{6050 \times 6.5 \times 3}{100} }$

$\implies$Rs. 1179.75

∴ Amount to be paid at the end of 3 yeras

$\implies$Principal + Interest

$\implies$Rs. 6050 + Rs. 1179.75

$\implies$ Rs. 7229.75

Therefore the interest will be Rs 7229.75