Nalini Borrowed Rs. 1075 From Her Friend At 7% Per Annum. She Returne

1.	Nalini Borrowed Rs. 1075 From Her Friend At 7% Per Annum. She Returned The Amount After 7 Years. How Much Amount Did She Pay?
Answer» Given principal, p = 1075 Rs, RATE of interest r= 7%, time, t=7 years Simple interest, SI = (p X r x t)/100 => SI = (1075 x 7 x 7)/100 => SI = 526.75 Amount = Principal + S.I = 1075 + 526.75 = 1601.75 Amount PAID by Nalini to her FRIEND is 1601.75 Rs. Given principal, p = 1075 Rs, rate of interest r= 7%, time, t=7 years Simple interest, SI = (p x r x t)/100 => SI = (1075 x 7 x 7)/100 => SI = 526.75 Amount = Principal + S.I = 1075 + 526.75 = 1601.75 Amount paid by Nalini to her friend is 1601.75 Rs.

Nalini Borrowed Rs. 1075 From Her Friend At 7% Per Annum. She Returned The Amount After 7 Years. How Much Amount Did She Pay?

Answer»

Given principal, p = 1075 Rs,

RATE of interest r= 7%,

time, t=7 years

Simple interest, SI = (p X r x t)/100

=> SI = (1075 x 7 x 7)/100

=> SI = 526.75

Amount = Principal + S.I

= 1075 + 526.75

= 1601.75

Amount PAID by Nalini to her FRIEND is 1601.75 Rs.