Question

Find the sum of money that amounts to 7500 at 3.5% per annum in 1 year.
please tell.​

Answer 1

Answer:

A = SI + P

A = PTR/100 + P

7500 = P*1*3.5/100 + P

7500 = 3.5P/100 + P

7500 = 3.5P + 100P/100

7500 = 103.5P/100

7500*100 = 103.5P

750000 = 103.5P

750000/103.5 = P

P = 7246.38 Rs

Step-by-step explanation: