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