Rs 7,000 is borrowed at 3.5% rate of interest p.a. borrowed for 2 years. Find th
0,050 is bort
to be paid at the end of 3 years.
amdunt to be paid at the end of the second year.
Answers
Answered by
1
Answer:
interest=
100
p∗r∗t
p = principal amount , r = rate , t = time
interest=
100
7000∗3.5∗2
interest = RS. 490
total amount = interest+ principal amount
= 7000+490= Rs 7490
Answered by
1
Answer:
7490rs
Step-by-step explanation:
interest=
100
p∗r∗t
p = principal amount , r = rate , t = time
interest=
100
= 7000+490= Rs 7490
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