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22 November, 11:05

Find the simple

interest on sh 25000

borrowed at the rate

of 1% for 3/4yrs.

+5
Answers (1)
  1. 22 November, 12:31
    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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