shanta borrowed 6000from the state bank of india for 3years 8months at 12% per annum. what amount will clear off her debt?
Answers
Answered by
5
Given
P=6000
Rate=12%
Time=3yr 8 months
=3 3/4 yr
=15/4 yr
Si= pxrxt /100
Si= 6000x12x15/100x4
Si=60x3x15
Si=2700
Amount to pay to clear = p+Si
=6000+2700
=₹8700
This is ur ans hope it will help you in case of any doubt comment below
(this is when interest is simple interest u didn't write anything about interest type)
P=6000
Rate=12%
Time=3yr 8 months
=3 3/4 yr
=15/4 yr
Si= pxrxt /100
Si= 6000x12x15/100x4
Si=60x3x15
Si=2700
Amount to pay to clear = p+Si
=6000+2700
=₹8700
This is ur ans hope it will help you in case of any doubt comment below
(this is when interest is simple interest u didn't write anything about interest type)
Answered by
11
Here , In this question,
Principal = Rs 6000
Time = 3 yr 8 months = 3 + 8/12 = 11/3 years.
Rate = 12% per annum
So,
Simple Interest = PRT/100 = (6000*12*11/3 )/100
i.e. 2640.
Now, Amount = Principal + Interest
i.e 6000+2640 = Rs 8640.
Rs 8640 is that amount which will clear off her debt.
Hope you will find it helpful.....
MARK IT AS BRAINLIEST.
Principal = Rs 6000
Time = 3 yr 8 months = 3 + 8/12 = 11/3 years.
Rate = 12% per annum
So,
Simple Interest = PRT/100 = (6000*12*11/3 )/100
i.e. 2640.
Now, Amount = Principal + Interest
i.e 6000+2640 = Rs 8640.
Rs 8640 is that amount which will clear off her debt.
Hope you will find it helpful.....
MARK IT AS BRAINLIEST.
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