Question

sunil borrows Rs 42,000 from state bank of india.find how much she has to pay as interest at the end of 2×1/2 years at the rate of 12% pa​

Answer 1

Answer:

12600

Step-by-step explanation:

for one year 5040

and for 2.5 year 12600

Answer 2

Answer:

Interest = Rs.12,600

Step-by-step explanation:

Given :

Principal = ₹42,000

Time = 2½ years = 2.5 years

Rate = 12% pa

To find :

The interest at the end of 2.5 years

Taken :

To find the interest at the end of 2.5 years use this formula -:

$\boxed{\sf{I=\dfrac{P\times T\times R}{100}}}$

Where,

I = Interest

P = Principal

T = Time

R = Rate

Solution :

$:\Rightarrow\sf{I=\dfrac{42,0\cancel{00}\times2.5\times12}{1\cancel{00}}}$

$:\Rightarrow\sf{I=420\times2.5\times12}$

$:\Rightarrow\sf{I=1,050\times12}$

$:\Rightarrow\sf{I=Rs.12,600}$

So , the interest at the end of 2.5 years is ₹12,600 .