Question

8) Sadashiv borrowed 150, 000 rupees from bank for 5 years at rate of 6 1/2 p.c.p.a for daughter what is total amount.​

Answer 1

Answer:

sadashiv borrowed =150,000

year 5

rate 6/12

daughter amount =?

first we find 1 yeras= 150000×6/12= 75000

5 years daughter amount=75000×5

5 years daughter amount=450000