which is the simplest interest on s sum of rs. 2500 for 4 years at the interest rate 4%
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Answer:
Given : P=2500,R=6.25%, T=4years
S.I.=
100
PRT
=
100
2500×6.25×4
=650
Therefore, the simple interest is Rs.650.
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answer is 400 is interest and the total amount is 2900
the formula of simple interest is 2500 x 4 x 4 / 100 or so 100 will cut 2500 so only 25 remains so 25 x 4 x 4 = 100 x 4 so 400
400 is interest and amount is 2900
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