Question

₹7050 is borrowed at 6.5% rate of interest p.a find the interest and amount to be paid at the end of 2.5 years

Answer 1

Answer:

8195.625

Step-by-step explanation:

Given,P = 7050, T = 2.5 years, R = 6.5%

(i)

We know that SI = PTR/100

⇒ 7050 * 2.5 * 6.5/100

⇒ 1145.625.

(ii)

We know that A = P + I

⇒ 7050 + 1145.625

⇒ 8195.625.

Hope it helps!

Answer 2

Answer:

1145.63 =interest ;amount ₹8195 .63