Calculate the simple interest and amount — task. Mathematics State Board, Class 7.

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Answer variants:

4029

4003

204

192

4018

Karthick borrowed a sum of \(₹\)3406 from a bank at 6\(\%\) per annum for one year.

i) Calculate the interest should be paid at the end of one year.

The simple interest \((I) = ₹\)

ii) How much should he pay if he returned the borrowed money after 3 years.

The amount to be paid at the end of 3 years \((A) = ₹\)

[Note: Round off the answer and choose the option from the given list.]

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2. Calculate the simple interest and amount