1.

1). Rs. 15187.502). Rs. 16875.003). Rs. 16805.504). Rs. 16785.00

Answer»

As per the given DATA,

Principal = Rs. 13500

Rate R = 12.5%

Time T = 2 years

We know that simple INTEREST (SI) = (P × T × R)/100

⇒ SI = (13500 × 12.5 × 2)/100 = Rs. 3375

We know that Amount = Simple interest + principal

⇒ Amount = 3375 + 13500 = Rs. 16875

MATURITY VALUE = Rs. 16,875



Discussion

No Comment Found