Question

. If ₹ 75000 is borrowed at 4.5% per annum simple interest then find the interest and the amount to be paid at the end of 10 years .

Answer 1

Answer:

AMOUNT= ₹ 1,08,750

S. I = ₹ 33,750

Step-by-step explanation:

GIVEN:

• PRINCIPAL= ₹75, 000
• RATE: 4.5%
• TIME= 10 years

FORMULA OF SIMPLE INTREST:

• PRT/100
• 75,000× 4.5 × 10 /100
• 750× 4.5 × 10
• ₹33, 750

AMOUNT:

• PRINCIPLE +SIMPLE INTREST
• ₹75, 000+ ₹33, 750
• ₹1, 08, 750

HOPE IT HELPS UH

Answer 2

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It is exam question..xD

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