Rs.7,500 is borrowed at 5% rate of interest p.a. Find the interest and the amount to
be paid at the end of 3 years.
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1
Answer:
Rs.8250 answer.
Step-by-step explanation:
principle= 7500
rate=5%
time=2 years
SI= P x R x T/100
=7500x5x2/100
=Rs.750
amount = SI+P
amount=7500+750
= Rs.8250
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