a man borrowed rupees 8000 from a bank at 8% per annum the amount he has to pay after 4.5 years is what
Answers
Answered by
10
Principal= Rs.8000= P
Rate of interest= 8% p.a.= R
Time= 4.5 years= T
Simple interest= PRT/100
=8000×8×4.5/100
=8000×8×45/100×10
=8×8×45
=64×45
=Rs.2880
Amount= Principal+Simple Interest
=8000+2880
=Rs.10880
Answer: The amount is Rs.10880.
Hope it helps! :)
Rate of interest= 8% p.a.= R
Time= 4.5 years= T
Simple interest= PRT/100
=8000×8×4.5/100
=8000×8×45/100×10
=8×8×45
=64×45
=Rs.2880
Amount= Principal+Simple Interest
=8000+2880
=Rs.10880
Answer: The amount is Rs.10880.
Hope it helps! :)
Similar questions