Question

the amount on Rs. 25000 at 8% per annum for 6 years under simple interest is

Answer 1

si = prt / 100

si = 25000 × 8× 6/100

si = 250× 8× 6

si = rs 12000 ans

Answer 2

Principal = rs.25000

Rate of interest = 8%

Time = 6years

SI = P*R*T/100

SI = 25000*8*6/100

SI = 250*8*6

SI = rs. 12000

Amount = Principal + SI

Amount = rs. 25000 + rs. 12000

Amount = rs. 37000

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