Question

1. A farmer borrowed * 20000 for 2 years
at the rat: of 12% per annum from a
bank. How much will he have to pay
after two years?​

Answer 1

Explanation:

${\large{\sf{\fbox{\red{Given:➝}}}}}$

• P = Rs. 20000
• T = 2 years
• R = 12%

$\\ \\ {\large{\sf{\fbox{\red{To find:➝}}}}}$

Amount he will have to pay after two years.

$\\ \\ {\large{\sf{\fbox{\red{Solution:➝}}}}}$

${\bold{\sf{ Simple \: Interest \: = \: \frac{P×R×T}{100}}}}$

${\bold{\sf{ Simple \: Interest \: = \: \frac{20000×12×2}{100}}}}$

${\bold{\sf{ Simple \: Interest \: = \: Rs. 4800}}}$

$\\ {\bold{\sf{\fbox{\orange{ Amount = S.I + P}}}}}$

${\bold{\sf{→ \: Amount \: = \: 4800 + 20000}}}$

${\bold{\sf{→ \: Amount \: = \: Rs. 24800}}}$

$\\ \\ {\bold{\mathcal{\blue{Thus, \: farmer \: have \: to \: pay \: Rs. 24800 \: after \: 2 \: years}}}}$

Answer 2

Answer:

24800

this is correct✅ or not