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Rs. 3,500 is given at 7% …

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Rs. 3,500 is given at 7% p.a. rate of interest . Find the interest which will be received at the end of two years.
  • 1 answers

Sia ? 6 years, 6 months ago

P = Rs. 3500
R = 7% T= 2 years
{tex}\therefore{/tex} Interest at the end of two years
{tex}\frac{P R T}{100}{/tex} = {tex}\frac{3500 \times 7 \times 2}{100}{/tex}
= Rs. 490
Hence, the interest at the end of two years is Rs. 490.

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