Answer: 187500
Step-by-step explanation:
Interest= principal ×rate×time/100
Let interest be I
Principal be P
Rate be r
Time be t
So we have
I=p×r×t/100
P in the question is 150000
T is 1year
R is 25%
Substitute for the values
I=150000×1×25/100
Interest= 37500
To know the exact cost now
Add the interest to the principal cost
Exact value=interest +principal
Exact value =37500+150000
Exact value=187500
The cost of the house now is=187500
