A man borrowed Rs 3,00,000 from a bank to buy a tractor. Find the amount he would
pay after 3 year?
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15% per Annum
Borrowed Amount = 300000 Rs
Time 3 year and half year
Intetrest = ( 15 / 100 ) × 300000 = 45000 Rs per year
for 3 and half year = 45000 × 3.5 = 157500 Rs..
Total Amount to be Pay by man After time over = 300000 + 157500
= 457500 Rs....
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