Question

calculate the amount that venkat will get, if he invests ₹20000 for 1 year at 12 1/2 percent pa

Answer 1

Answer:

$22500$

Step-by-step explanation:

principal = 20,000

time = 1 year

rate= 12.5%

$simple \: interest \: = \frac{p \times r \times t}{100 }$

$= > \frac{20000 \times 12.5 \times 1}{100} \\ = 2500$

$amount = principal + interest \: \\ = 20000 + 2500 \\ = 22500$

Answer 2

Answer:

it's correct answer

book's answer is not correct