7000 rupees 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 years. please answer
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P= ₹7000
R=3.5%
T= 2yrs
SI= P×R×T / 100
=7000×35×2/100×10
= ₹490
Amount= P+SI
= ₹7000+₹490
=₹7490 Ans
Hope it helps!
R=3.5%
T= 2yrs
SI= P×R×T / 100
=7000×35×2/100×10
= ₹490
Amount= P+SI
= ₹7000+₹490
=₹7490 Ans
Hope it helps!
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