Ahmed chacha borrowed Rs 2500 at 12 p.c.p.a for one year. What amount will he have to return to the bank at the end of the year?
Answers
Answered by
8
Given
P=₹2500
R=12%p.a.
T=1yr
Interest = pxrxt /100
=2500x12x1/100
=25x12
=300
Amount =p+s
=2500+300
=₹2800
This is ur ans hope it will help you
P=₹2500
R=12%p.a.
T=1yr
Interest = pxrxt /100
=2500x12x1/100
=25x12
=300
Amount =p+s
=2500+300
=₹2800
This is ur ans hope it will help you
Answered by
3
Answer:
Step-by-step explanation: Ahemad chacha borrowed rps- 2500
At 12 p.c.p.a
Therefore first find 12% on2500- 300
Amount ahemad chacha will have to return to bank = 2500 + 300= rps 2800
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