Question

sunil boreowed ₹3800 from the bank at the rate of 29/2percent per annum for 5/2 years. find the interest and the amount paid by him at the end of 5/2 years.

Answer 1

principal x time x rate=interest
3,800x14.5x2.5=1,37,750
1,37,750= interest
interest+principal= amount
1,37,750+3,800=1,41,550