(3) Ahmed Chacha borrowed 325000 at 12 p.c.p.a. for a year. What amount will he have
to return to the bank at the end of the year?
Answers
Answered by
0
Step-by-step explanation:
325000×12÷100=39000
325000+39000=364000
Answered by
0
Answer:
Principal amount = 325000, N = 1, R = 12
Simple Interest = PNR ÷ 100
SI = 325000 × 12 × 1 ÷ 100
SI = 39000
Amount = Principal + Interest
Amount= 325000 + 39000 = 364000
Similar questions