Sita borrowed Rs 2500 from a moneylender at 9% per annum for 6 years. Find the interest she had to pay to the moneylender after 6 years. Also find the interest she had to pay after 6 years.

Sita borrowed Rs 2500 from a moneylender at 9% per annum for 6 years. Find the interest she had to pay to the moneylender after 6 years. Also find the interest she had to pay after 6 years.

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Solution :

In the question,Principal = 2500 Rs

Time = 6

Rate = 9%

Now Simple Interest,= 2500 × 9 × 6 / 100

= 1350 Rs

∴ Amount,= 2500 + 1350

= 3850 Rs

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