a certain sum of money amount of rupees 4875 and 12.5% rate of simple interest p.a
after 4 years find the sum
Answers
Answered by
3
simple inetrest is : 2437.5 and fina Amount is : 7312.5
It is based on the formula SimpleInterest (SI) = PTR / 100
Where P is Principal amount
T is time period in years
R rate of ineterest in percentage
sum = P + SI.
= 4875 + 2437.5
It is based on the formula SimpleInterest (SI) = PTR / 100
Where P is Principal amount
T is time period in years
R rate of ineterest in percentage
sum = P + SI.
= 4875 + 2437.5
Similar questions
Math,
8 months ago
Social Sciences,
8 months ago
Science,
8 months ago
English,
1 year ago
Science,
1 year ago