shalini deposited a sum of Rs 3500 in a bank that gives an interest of 7.5 % p.a. what amount does she receive after 18 months?
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principal=rupees 3500
rate=7.5°/·
time=18 month
18÷12=3÷2
=11÷12year
S.I = p×r×t\100
=rupees393.75
amount=S.I +principal
=3500+393.75
= 3893.75
rate=7.5°/·
time=18 month
18÷12=3÷2
=11÷12year
S.I = p×r×t\100
=rupees393.75
amount=S.I +principal
=3500+393.75
= 3893.75
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