Question

4. Rs 7,000 is borrowed at 3.5% rate of interest p.a. borrowed for 2 years. Find the amount to be paid at the end of the second year​

Answer 1

Answer:

p=7000r=3.5%t=2years S.I=PTR/ 100 =7000*3.5/100*2 49000 S.I=490A=P+S.IA=7000+490A=

7490

Answer 2

Answer:

hey mate your answer is 7490 rs .

Step-by-step explanation:

In order to get the amount Tobe paid in end of second year firstly we need to know the interest rate charged on it.

Therefore interest= PNR/100

= 7000×2×3.5/100

= 490 rs

amount Tobe paid in end of second year= Principal+ Interest

=7000+490

=7490 rs.

please mark brainliest