Question

₹700 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:

Two equal sums of money were lent at simple interest at 11% p.a. for 3

2

1

years and 4

2

1

years respectively. If the difference in interest for two periods was Rs.412.50, find the each sum.

Answer 2

Answer:

interest  =  p∗r∗t    /    100

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

interest=  700∗3.5∗2     /    100

interest = RS.  44.8

total amount = interest+ principal amount

                     = 700+44.8= Rs 744.8

hope it helps  

tq./

Step-by-step explanation: