Question

0 If Principal is3500 and rate of interest is 7 % pa.Find the amount at the end of 2

years.​

Answer 1

Answer:

interest=100p∗r∗t

p = principal amount , r = rate , t = time

interest=3500∗7∗2/100

interest = RS. 490

Answer 2

Answer:

Amount = 3990

Step-by-step explanation:

Amount= principal + interest

we know the principal but not the interest so first we need to find the interest

Interest = Principal × Rate × Time

100

= 3500 × 7 × 2

100

= 490 is the simple interest

Amount = Principal + Interest

= 3500 + 490

= 3990

Amount = 3990