24. Mohan borrowed 75,000 from a bank at
19% rate of interest per annum. What
amount did he return back to the bank
after 5%2 years?
(A) 1,3,375 (B) 1,53,375
(C) 1,83,375 (D) 1,93,375 tell answer fastly
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Answer:
Step-by-step explanation:
Principal= Rs.75,000
Rate of Interest= 19% per annum
Time= 5 years
S.I= Principal x Rate of Interest x Tinme/100
S.I= Rs. 75,000 x 12 x 5/100
S.I= Rs. 71,250
Total amount = (Principal+Simple Interest)
=Rs. (75,000+71,250)
Amount= Rs. 1,46,250
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