Question

A shopkeeper borrowed 4500 at 12% .what amount does he have to pay after 3 1/2 years?​

Answer 1

Step-by-step explanation:

principal =4500

rate =12%

time =3 and 1/2 years=7/3 years

simple interest=  4500 * 12 * 7   = 3780

                                  100

amount he had to pay= 4500+3780 =   8280