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.
Answer Gyaan
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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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