Question

A bank advance ₹7850 for 7 months at the rate of 17/2% p.a ordinary simple interest what sum will have to be repaid at the end of this period?​

Answer 1

Step-by-step explanation:

Simple interest =

$\frac{p \times t \times r}{100}$

= 7months = 7/12 of year

= (7850 × 17×7)/100×2×12

= 274.75 Rs.

Total amount = SI + P = Rs. 8124.75

Answer 2

7850%17.2

1350.2

your answer is 1350.2