Question

Deepak borrowed 20,000 from a
Bank for 3 years at the rate of
7 1/2 p.a. What amount will he get
back at the end of 3 years ?​

Answer 1

Answer: 24,500

Step-by-step explanation:

simple interests for 3 years=20,000*7.5*3/100

                                            = 4500

total amount after 3 years = 20,000 + 4500 = 24,500