Find the amount payable for the following
P-76000, T -1 years , R-7.5%P.a
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Answer:
The amount to be paid = ₹1,33,000
Step-by-step explanation:
A = P(1 + RT)
A = 76000(1 + 7.5% × 1)
A = 76000(1 + 75/100)
A = 76000 × 175/100
A = 1,33,000
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