Question

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

Answer 1

Answer:

(b) Given P = 7500, R = 5%, T = 3 years. = 1125. = 8625. The amount to be paid = 8625 rupees.

Answer 2

Answer:

interest of the amount ₹ 7500 at 5% for 3 years

= ₹ 7500×5×3/100

= ₹ 1125

so the amount to be paid at the end of three years is

₹ (7500+1125)

= ₹ 8625