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SCORPION-xisa [38]
4 years ago
7

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

Mathematics
1 answer:
True [87]4 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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