Find the simple interest and amount when principal = Rs. 6000, rate = 6% per annum and time = 4 years

Answers

Answer 1

Given:

Principal = Rs. 6000

Rate of simple interest = 6% per annum.

Time = 4 years

To find:

The simple interest and amount.

Solution:

Formula for simple interest:

[tex]I=\dfrac{P\times r\times t}{100}[/tex]

Where, P is principal, r is the rate of interest and t is the number of years.

Putting P=6000, r=6 and t=4, we get

[tex]I=\dfrac{6000\times 6\times 4}{100}[/tex]

[tex]I=60\times 6\times 4[/tex]

[tex]I=1440[/tex]

Now,

[tex]Amount=Principal+Interest[/tex]

[tex]Amount=6000+1440[/tex]

[tex]Amount=7440[/tex]

Therefore, the simple interest is Rs. 7440 and the amount is Rs 7440.


Related Questions

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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

The triangles are similar as per problem description, so the ratios match:

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Answer:

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20 POINTS
ANSWER FAST

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Answers

Answer:

D I think

Step-by-step explanation:

Answer:

D, none of the above.

Step-by-step explanation:

6 is a square root of 36, which is a perfect square.

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3.7 Questions

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Answer:

fjdjdjxjxjdkkekxjdjdkdjdkkxfkfkakaks

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Answer:

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Step-by-step explanation:

Planet Fitness gym charges $15 per month plus $50 for a membership. Total
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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answer:

Step-by-step explanation:

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Answers

The base is 12*12=144
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Type your response in the box.
Identify the purpose of the video and note the similarities between it and Twain's essay "Taming the Bicycle."

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Answer:

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Answers

Answer:

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The blueprint for an office building uses a scale of 2 cm.:3.5 m. The height of the actual office building is 259 m. What is the height of the office building on the blueprint?

Answers

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

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