Question

3. Calculate the amount for the following:
750 at 7/2 per annum for 2 years.​

Answer 1

Step-by-step explanation:

$si \: = \frac{p \times r \times t}{100} \\ \\ si = \frac{750 \times 7 \times 2}{2 \times 100} \\ \\ si = \frac{105}{2} = 52.5 \\ so \: \\ \\ amount(a) = p + si \\ \\ a = 750 + 52.5 = 802.5$

Answer 2

$si = \frac{p \times t \times r}{100 } \\ \\ si = \frac{750 \times 2 \times 7}{200} \\ \\ si = 52.5rs \\ \\ amount = si + principal \\ \\ amount = 52.5 + 750 \\ \\ 802.5rs$

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