1.subhri lent rs 25,000 to her friend for six months at the rate of 5%p.a.How much amount would she get from her friend
2.Ankita borrowed RS 2,00,000 from a private bank for six years at the rate of 8% p.a. to buy a car.How much amount would she pay at the end of the term
please answer this two in process i will follow you...
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Step-by-step explanation:
1. Principal =25000 ; Time = 6/12yr & Rate = 5%p.a.
S. I. =P* R*T /100= 25000*6*5 / 12*100
=₹625
Amount = S. I. +principal = ₹( 625+25000)= Rs. 25,625
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