Sign in
Please select an account to continue using cracku.in
↓ →
What is the maturity value of Rs.25000 at the end of 2 years at 9.25% Simple Interest?
S.I= $$\frac{P \times R \times T}{100}$$
S.I = $$\frac{25000 \times 9.25 \times 2}{100}$$
= 4625
Maturity value = P + S.I
= 25000 + 4625
= Rs.29625
Create a FREE account and get: