Question

5. Find the amount that has to be given back to the broker if Sam had taken Rs. 25000 at the rate of
interest as 5 p.c.p.a for 2 years,​

Answer 1

Answer:

Rs.27500

Step-by-step explanation:

Here,we have P=Rs. 25000

R=5%

T=2years

So, S.I=(P×R×T)/100

=Rs.(25000×5×2)/100

=Rs.250000/100

=Rs.2500

Therefore,A=S.I+P

=Rs.(2500+25000)

=Rs.27500

Answer:Rs.27500