The Simple interest
(R) and Time Period (T).
PaRxT
100
Simple Interest (I) can be calculated using the towa: 1
A-
ART
Amount (A) can be calculated using the formula: AP
RX
A-Plit
100
Example 22: Avinash borrowed a sum of 72,500 at the rate of 6% per and for 5 year
the amount to be paid by Avinash at the end of 5 years.
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Step-by-step explanation:
72500×6/100×5
22750
Amount=95250 Ans.
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