Find the simple

interest on sh 25000

borrowed at the rate

of 1% for 3/4yrs.

Question

Mathematics

Broderick Washington

13 March, 06:20

Find the simple

interest on sh 25000

borrowed at the rate

of 1% for 3/4yrs.

+5

Answers (1)

Know the Answer?

Pepper · Answer 1

Here the word "borrowed" is taken as Principal, given rate is 1% and time taken is 3/4 yrs.

so by using formula,

I = P*T*R / 100

= 25000*3/4*1 / 100

= 187.5

So the answer must be 187.5.

Find the simpleinterest on sh 25000borrowed at the rateof 1% for 3/4yrs.

Find the simple

interest on sh 25000

borrowed at the rate

of 1% for 3/4yrs.