sheena borrowed 7500rs from her friend for 2 years. and 4 months at the rate of 1 and half percent per annum. find the amount. she has. to return at the end of 2 years
and 4 months also pls
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Answer:
here time= 2years4 months=2 4/12years=2 1/3 years=7/3 years
rate of interest =1 1/2%=3/2%
principal amount =Rs 7500
interest=Rs 7500×3×7/100×2×3
=Rs 75×7/2
=Rs 525/2
Rs 262.50
so, at the end of 2 years she returned
Rs (7500+262.50)
=Rs 7762.50
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