Question

a) MrPradhan
MrPradhanborrowed 48,000 for 6 years at the rate of 9.25% per annum. Find
the amount paid by him after 6 years.

Answer 1

Answer:

The amount is 26640

Step-by-step explanation:

Given,

Profit=48000

Rate=9•25%

Time=1yr

I=required

From,

I=PTR/100

I=48000×1×9•25/100

I=444000/100

I=4440

BUT, that amount is for 1year

1yr=4440

6yrs= ?

6×4440=26640

Hope it's helpful

Mark me as brailiest plzzz