ruppees 10,000 is borrowed at 3.5% rate of interest p.a borrowed for 2 years. Find the amount to be paid at the end of the second year.
please solve it with explanation.
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Answer:
rs 10712.25
Step-by-step explanation:
p×r×t/100
=10000×3.5×1/100
=350
therefore second year=
=10000+350
=10350×3.5×1/100
=362.25
therefore the man has to return 10350+362.25=10712.25
in the second year
PLS MARK BRAINLIEST
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