Find the simple interest on sh 25000 borrowed at the rate of 1% for 3/4yrs.

Mathematics

1 answer:

True [87]3 years ago

7 0

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.

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