rupees 7000 is borrowed at 3.5 % rate of interest P A for 2 years find – InterviewSolution

1.	rupees 7000 is borrowed at 3.5 % rate of interest P A for 2 years find the amount to be paid the end of second year
Answer» we know thatPTR/100= simple interest70003.52/100= 703.52=490 rupees will be interestthen amount to be paid will be7490

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