Best Answer

5% pa simple for 6 years = 5*6 = 30%

So 1.30*Y = 2652

Y = 2652/1.3 = 2040

Q: A sum amount to Rs2652 in 6 years at 5 percent pa simple intrestfind the sum?

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The simple interest on the amount of $550.00 at 7 percent for one year would be $38.50. To reach the answer, multiply 550 by .07 which equals 38.50.

It is 38.5 units.

56.72

divide the amount u have by 100 thenties by the percent nterest u want then ad on/take away from amount

You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D

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The simple interest on the amount of $550.00 at 7 percent for one year would be $38.50. To reach the answer, multiply 550 by .07 which equals 38.50.

It is 38.5 units.

56.72

$494.34 Interest= principal amount * time* simple interest %

divide the amount u have by 100 thenties by the percent nterest u want then ad on/take away from amount

331/3 percent simple interest will double any amount in 3 years.

It is 240 currency units.

You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D

Simple interest is determined by multiplying the interest rate by the principal of the number of periods. Where, P is the loan and the amount is usually expressed as an annualized percentage.

13,807.50

1282.5

Rs 80.