Anita took a loan of ₹8,000 at a simple interest rate of 7% per annum for 3 years.
Anita took a loan of ₹8,000 at a simple interest rate of 7% per annum for 3 years. What will be the simple interest and the total amount she has to repay after 3 years?
अनीता ने 3 वर्षों के लिए 7% प्रति वर्ष की साधारण ब्याज दर पर ₹8,000 का ऋण लिया। 3 वर्षों के बाद उसे साधारण ब्याज और कुल कितनी राशि चुकानी होगी?
Detailed Solution & Logic
Correct Answer:
SI =₹1,680; Total = ₹9,680/ यदि =₹1,680; कुल = ₹9,680
Principal $P = 8000$, Rate $R = 7%$, Time $T = 3$ years
Simple Interest:
$SI = \frac{P \times R \times T}{100}$
$SI = \frac{8000 \times 7 \times 3}{100} = 1680$
Total Amount:
$A = P + SI = 8000 + 1680 = 9680$
Answer:
Simple Interest = ₹1680
Total Amount = ₹9680
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