A man borrowed ru 2000 at 6-5 p•a • from a bank •what amount will he have to pay to the bank at the end of 3 years?
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Answer:
₹2390
Step-by-step explanation:
Principal-Rs 2000
Rate-6.5%
Time- 3 years
S.I = PRT/100
S.I = 2000×6.5×3/100
S.I = ₹390
Therefore the amount he has to pay to the bank at the end of 3 years
= S.I + Principal
= 390+ 2000
= ₹2390.
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