The simple interest on 6250 at …

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Posted by Priyanshu Raj 5 years, 8 months ago
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Yogita Ingle 5 years, 8 months ago
Given :-
P = Rs. 6250.
R = 4%.
T = 6 months = 1/2 yr.
We have to obtain S.I.
Using SI formula,
{tex}S.I.= \frac{PXRXT}{100} \\ = \frac{6250X4X \frac{1}{2} }{100} \\ = \frac{625X2}{10} \\ = \frac{1250}{10} \\ =125.{/tex}
Hence, SI for the given Principle will be Rs. 125.
Let us also calculate the amount after 6 months.
AMOUNT = P + SI
= 6250 + 125
= 6375
Hence, the Simple interest will be Rs. 125 and amount will be Rs. 6375.
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