Answer:
Rs 937.50
Step-by-step explanation:
Rs 750 for 4 years at 6 1/4% interest:
Simple interest is found using i = p*r*t, where p is the principal, r is the interest rate as a decimal fraction, and t is the number of years.
Here, i = (Rs 750)*0.0625*4 = Rs 187.50
The amount (that is, principal plus simple interest) will be:
Rs 750 + Rs 187.50 = Rs 937.50
