Question

what amount will be returned to the bank at the of 7 pcpa for 7 years on 85500₹​

Answer 1

Answer:

127395

Step-by-step explanation:

Principal Amount =Rs 85500

Rate of Interest =7%

Time=7years

SI=PRT/100

=P×R×T/100

=85500×7×7/100

=855×49

=41895

Ans=SI=41895

AMOUNT TO BE RETURNED TO THE BANK=Principal Amount +Simple Interest

=85500+41895

=127395