Question

Ahmed borrowed Rs 25,000. If the interest rate is 13p.c.p.a., how much will he have to repay to the bank after one year?​

Answer 1

Answer:

Firstly, 13 percent of 25,000 which is 13/100×25000 = 3250

So,25,000 + 3250 = 28,250

Answer = he have to repay rupees 28,250 after one year