Question

will be the maturity value if rupees 13500 is deposit at a simple rate of interest of 12.5% for 2year

Answer 1

Answer:

16875

Step-by-step explanation:

P = 13500

R.O.I = 12.5% p.a

T = 2 years

S.I = (13500 × 12.2 × 2)/ 100

3375

13500 + 3375