Question

Find the amount payable if P=₹76,000 for 1 and 3/4 years at 7.5 % interest p.a.
(a) ₹89575
(b) ₹85975
(c) ₹85795​

Answer 1

Answer:

B is the correct answer

Step-by-step explanation:

$a = p(1 + \frac{rt}{100} )$

$a = 76000(1 + \frac{7.5 \times \frac{7}{4} }{100} )$

a = 76000( 1.131)

a = 85975