Question

A person borrowed ₹8000 for a period of 2 years. Calculate the amount that the person has to repay. If the interest rate is 10% per annum.
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Answer 1

Answer:

Sister put the formula of PRT/100

then u will get answer

Answer 2

Step-by-step explanation:

Principal-80000

Rate-10 percent

= 55000 upon 110 multiply 100

= 50000

i.e ,

the certain amount paid after 1st year is equal to the

= 88000-50000

=38000