Question

1) Mohan borrowed a sum of Rs.14,000
at 2% per annum rate of Interest. Find
the amount he has to pay at the end
of 3 years?
​

Answer 1

Step-by-step explanation:

ruppes borrowed = 14,000

rate per annum = 2 %

time = 3 years

interest = p*t*r/100

= 14,000*2*3/100

= Rs. 840

HOPE IT HELPS

Answer 2

Answer:

the amount Mohan has to pay is ₹ 14, 840

Step-by-step explanation:

Principal: ₹14,000

Time : 3 years

Rate : 2% p.a.

S. I. : (P×R×T)/ 100

= ₹(14,000×2×3)/100

= ₹840

Amount : Principal + Intrest

= 14,000 + 840

= 14,840