3) Geeta took a loan of 50,000 rupees at 12 p.c.p.a to buy a vehicle. What amount will she return to the bank at the end of the year? *
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Answered by
2
Answer:
here is the answer
Step-by-step explanation:
Principal = 50,000
rate of interest = 12%
time = 1 years
S.I = P × R × T /100
S.I = 50,000 × 12 × 1 /100
S.I = 6,000
Amount = P + S.I
Amount = 50,000 + 6,000
Amount = 56,000 rs
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Answered by
2
Amount =
principal = ₹50,000
time = 1 year
rate = 12%
interest =
interest = 500 * 12 * 1
interest = 500 * 12
interest = 6,000
Amount = interest + principal
Amount = 50,000 + 6,000
Amount = ₹56,000
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