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CBSE Class 7 Answered

Find the simple interest and the amount for Rs. 750.50 for 3 years at 8% per annum
Asked by Topperlearning User | 04 Jun, 2014, 01:23: PM
answered-by-expert Expert Answer

Here P = Rs. 750.50, T = 3 years, R = 8% p.a.

Using the formula  , we get

    

Amount = P + S.I. = Rs. 750.50 + Rs. 180.12 = Rs. 930.62

Answered by | 04 Jun, 2014, 03:23: PM

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