Question

Find the amount to be paid at end of 3years for principal =Rs7500at 5%p.a .​

Answer 1

Answer:

here principle is Rs 7500 , rate is 5% and time is 3 yrs

since SI formula is pxrxt /100

so SI = 7500x5x3/100 = 1125Rs

therefore amount formula is p+SI

so 7500+1125 = 8625 Rs