Question

*750 in 3 years 4 months at 10% per annum.
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Answer 1

Answer:

$simple \: interest \\ = \frac{principal \times rate \times time}{100} \\ = \frac{750 \times 10 \times (3 + \frac{4}{12} )}{100 } \\ = 75 \times ( \frac{36 + 4}{12} ) \\ = 75 \times \frac{40}{12 } \\ = 25 \times 10 = 250 \\ amount \\ = principal + simple \: interest \\ = 750 + 250 \\ = 1000$

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