A man borrows rs.450 and pays simple interst at 4% per annum.how much must he pay to clear the debt at the end of second year? ans is 486rs. pls solve step by step
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Principle = 450
Rate = 4%
Time = 2 years
Now,
SI = p×r×t/100
=> 450×4×2/100
=> 9×4×2/2
=> 9×4
=> 36
Again,
Amount = P+SI
=> 450 + 36
=> 486
This is the steps. BE BRAINY.
Rate = 4%
Time = 2 years
Now,
SI = p×r×t/100
=> 450×4×2/100
=> 9×4×2/2
=> 9×4
=> 36
Again,
Amount = P+SI
=> 450 + 36
=> 486
This is the steps. BE BRAINY.
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