Question

Rs 7000 is borrowed at 4.5% rate of
interest p.a. borrowed for 2 years. The
amount to be paid at the end of second year?​

Answer 1

Answer:

rs. 7630

Step-by-step explanation:

s.i = p x r x t /100

s.i = 7000 x 4.5 x 2 / 100 = rs.630

amount = p + s.i

= 7000 + 630 = rs 7630