Question

sunil borrowed ₹3800 frome the bank at rate 29/2 per annum for5/2 years find the intrest and amount paid by him at the end of 5/2 years. ans ana chaiya ₹ 1377.50 and ₹5177.50 ​

Answer 1

Answer:

Step-by-step explanation:

Simple interest = ( principal x time x rate ) / 100

                         = (PxTxR) / 100

                        = ( 3800 x 14.5 x 2.5 ) / 100

                         = ( 38 x 14.5 x 2.5 )

                         = ( 38 x 145 x 25 ) / 100

                        = 1377.50

Amount = Principal + Simple interest

              = 3800 + 1377.50

               = 5177.50