1.

Calculate the amount on ₹7500 in 2 years and at 6% compounded anually​

Answer»

ANSWER:

Rs.8460

Step-by-step EXPLANATION:

S.I = (PTR)/100

Amount=P+I

P = Rs.7500

T = 2 years

R = 6%

S.I = (7500x2x6)/100 (Cross out the underlined zeros)

    = 75x2x6

    = 150x6

S.I = Rs.960

Amount = P+I

             = 7500+960

Amount = Rs.8460

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