Question

.
Find the amount to be paid at the end of 5 and half years at the
rate of 9.5% per annum
on a principal of 5275.
current answer is 2756.
answer me in step by step soon
i will mark it brainliest​

Answer 1

Step-by-step explanation:

Solution:- Given that,

P= Rs 5275

R= 9.5%

T= 5.5 years

So,

Find Simple interest

SI = P×R×T/100

SI =5275×9.5×5.5 /100

SI = Rs 2756.

So, the simple interest is = Rs 2756