Math, asked by souravnaker2281, 1 year ago

A farmer borrows Rs.8000 from a co-operative society for 2 years at the rate of 12%. How much does the farmer have to pay at the end of two years?

Answers

Answered by dhruvprajapati979

interest given per year = 8000×12÷100
= 960
so for 2 years the interest will be 960×2
=1920
so total money the farmer should pay to society will be 8000+1920
which will be equals to 9920 rupees

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