Question

Rs 3,500 is given 7 percent rate p.a. Find the interest which will be recieved at the end of 2 year

Answer 1

Answer:

490

Step-by-step explanation:

P= Rs 3500

rate= 7%

time=2 years

simple interest

=

$\frac{p \times t \times r}{100}$

3500*7*2/100

490