Sunita takes a loan of 5000 at% 12 rate of interest.Find the interest she had to pay at the end of one year.
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Answered by
5
P=5000
R= 12%(0.12)
T= 1 yr
I= P*R*T
so I = 5000*0.12*1= 600 RS
so total Amount = P+ I = 5000+600=5600 RS (Answer)
here P is principal
T is time
R is rate of interest
I = interest
A = Total amount ( principal + interest)
hope it helps
R= 12%(0.12)
T= 1 yr
I= P*R*T
so I = 5000*0.12*1= 600 RS
so total Amount = P+ I = 5000+600=5600 RS (Answer)
here P is principal
T is time
R is rate of interest
I = interest
A = Total amount ( principal + interest)
hope it helps
Answered by
4
Answer:
Step-by-step explanation:if in take 5000 rupees in siple intrest rate then we use formula
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