a man took a loan of rupees 7500 for 2 years at 10% per annum what is the amount he as to return
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Answered by
3
Now,Principal is 7500
Time= 2years
Interest rate =10%per annum.
Now,interest for 1 years is
=7500×10×2/100
=750×2
=1500
So, interest for 2 years is 1,500
Now,total amount=Total interest+principal.
Amount=7,500+1500
Amount=9,000
So, he will repay with 9,000 rupees.
Answered by
1
Answer:
9000
Step-by-step explanation:
now we have find simple interest
SI = PTR/100
= 7500×2×10/100
= 750×2
= 1500
now we have to find amount
A = I + P
= 1500+7500
= 9000
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