A farmer borrowed a sum of Rs.8000 from an agricultural development bank at the rate 10% . How much amount should he pay to clear the debt after 5 years.
Answers
Answered by
4
Answer:
12000
Step-by-step explanation:
P=8000
R=10%
T=5YRS
ATQ
SI=P*R*T/100
SI=8000*10*5/100=4,000
AMOUNT=P+SI
=8,000+4,000
=12,000
3210:
it is correct or nor
*not
Answered by
0
given,
Principal of farmer = Rs. 8000
Rate = 10%
Time = 5 years
SI = PRT/100
=> 8000×10×5/100
=> 80×50
=> 400
Amount that farmer have to pay after 5 years is = (8000+400) = Rs 8400
Ans :-
The farmer have to pay 8400 after 5 years
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