ssamiahassan15 ssamiahassan15

15-05-2020
Mathematics

contestada

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

Respuesta :

sonabasnet0 sonabasnet0

15-05-2020

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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