Answer:
The amount to be received is Rs. 4550
Explanation:
Mathematically, amount is principal Plus interest
We can calculate the interest using the simple interest formula
Mathematically;
I = PRT/100
I = (3500 * 7.5 * 4)/100
I = 1050
So the amount will be ;
1050 + 3500 = 4,550 Ruppee