Question

Malhar invested Rs. 7000 in a scheme for 5 years at the rate of 12% p.c.p.a. What is the total interest he received at the end of the period?​

Answer 1

Answer:

7000for 5years atrate12%p.c.p.a

Answer 2

Answer:

4200

Step-by-step explanation:

given,

P=7000

T=5 years

R=12

SI=?

we know

so =ptr/100

=(7000*5*12)/100

=4200

hence, he received an amount of 4200 at the end of the period