Question

Find the amount to be paid at the end of 3 years if Principal = ₹ 7,500 at 5% p.a.​

Answer 1

Step-by-step explanation:

answer :- RS . 8,625

here, principle (p) =Rs .7,500

rate (r) = 5%

P. a . , time (T) - 3 years

simple interest - P × R × T

-------------------

100

- 7500 × 5 × 3

----------------------------

100

= RS 1,125

now , amount - principle+ simple interest

= 7500 + 1125

= Rs . 8,625