Question

Calculate The amount on #940.85 for 7year at 3½

Answer 1

Answer:

Amount= ₹ 1171.36

Step-by-step explanation:

Simple Interest method:

P=940.85, R=3.5%, T=7

Using SI=PRT/100

SI=940.85×3.5×7/100

SI=230.50825≈230.51

Amount=P+SI

= 940.85+230.51

Amount= ₹ 1171.36