Question

Find the amount payable if P=₹76,000 for 1 and 3/4 years at 7.5 % interest p.a.​

Answer 1

Answer:

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Answer 2

Answer:

for 1 year = 7.5 % interest

for 1¾ year = 7.5 + (7.5 × 3/4 ) %

===> 7.5 + 5.625 ==> 13.125 %

now the amount payable ===> 13.125 × 76000/100===> 760× 13.125 ===> 9975 rs