Rs. 3,500 is given at 7% p.a. rate of interest. Find the interest which will
be received at the end of two years.
Answers
Answered by
4
Answer:
interest=
100
p∗r∗t
p = principal amount , r = rate , t = time
interest=
100
3500∗7∗2/100
interest = RS. 490
I HOPE THIS HELPS YOU.
Answered by
17
Step-by-step explanation:
Principal = 3500
Rate = 7%
Time = 2 years
P×R×T/ 100
3500×7×2/100
35×7×2
SI = 490
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