Question

a man borrowed 30000 rupees from Punjab National Bank to buy a tractor find the amount he would pay after 2½ years at 17 % per annum​

Answer 1

Step-by-step explanation:

si = p×r×t/100

= 30000×5×17/100×2

=51000

amount = p+I

30000+51000

81000

Answer 2

Solution

Principal:- RS30000

TIME:- 2½ years= 5/2 years

R:-17% p.a

Therefore, SI = P×R×T/100

SI = 30000×17×5/100×2

SI =RS 12750

AMOUNT = P+SI

= 30000+12750

= rs42750