Question

5. Find the amount payable for the following.

a. P = 76,000, T = 1 and 3/4
years, R = 7.5% p.a.
​

Answer 1

Interest :

$\frac{76000 \times 7 \times 7.5}{100 \times 4} = 9975$

As we know that :

Amount = Principal + Interest

=> Amount = 76,000 + 9,975

=> Amount = ₹ 85,975 ✔✔

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Answer 2

Answer:

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