mahesh borrowed 4500 from a moneylender at the rate of 12% interest per year .how much will he repay at the end of 5 years?
Answers
Answered by
2
Answer:
7200
Step-by-step explanation:
4500 X 12% = 540
540 X 5 = 2700
2700 + 4500 = 7200
Answered by
3
Answer:
7200
Step-by-step explanation:
Principal = 4500
Time = 5 years
Rate of interest=12%
Simple interest =( P × T × R) ÷100
= ( 4500× 5× 12) ÷100
Simple intetest= 225×12
Simple interest= 2700
Amount = Principal + Simple interest
= 4500 + 2700
= 7200
Similar questions