Answer:
sum of money(principal)=rs5000
amount=rs8750
rate=15%
to find interest use forrmula,
amount=principal+interest
rs8750=rs5000+interest
rs8750-rs5000=interest
rs3750=interest
to find time use formula,
interest=p*t*r/100
rs3750=rs5000*t*15/100
rs3750*100=rs75000*t
rs375000/rs75000=t
5=t
Step-by-step explanation:
therefore the sum of money rs5000 amount to rs8750 at the rate of 15% after 5 years
