for higher education Trisha burrows rupees 9600 from the post office f

1.	for higher education Trisha burrows rupees 9600 from the post office for2 1/2 years at the rate of 9% how much interest and amount would see pay back at the end of the term?
Answer» For SIMPLE INTERESTSI = PRT/100Given P = 9600, R = 9%, T = 5/2 SI = 960095/200 = 48*45 = 2160 Thus she would have to pay interest of Rs 2160 or Total amount = 9600 + 2160 = Rs 10760

for higher education Trisha burrows rupees 9600 from the post office for2 1/2 years at the rate of 9% how much interest and amount would see pay back at the end of the term?

Answer»

For SIMPLE INTERESTSI = P*R*T/100Given P = 9600, R = 9%, T = 5/2

SI = 9600*9*5/200 = 48*45 = 2160

Thus she would have to pay interest of Rs 2160 or Total amount = 9600 + 2160 = Rs 10760