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Ex 7.2, 9 Find the amount to be paid at the end of 3 years in each case: (b) Principal = Rs 7,500 at 5% p.a. P = Rs 7500 R = 5% p.a T = 3 years S.I = 𝑃𝑅𝑇/100 = (𝟕𝟓𝟎𝟎 × 𝟓 × 𝟑)/𝟏𝟎𝟎 = 75 × 5 × 3 = 75 × 15 = Rs 1125 Amount to be paid = P + S.I = 7500 + 1125 = Rs 8625

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.