Anil borrowed ₹18000 from Rakesh at 8%per annum S.I.for 2 years.If Anil had borrowed at 8% per annum C.I. ,what extra amount he has to pay?
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Secondary School Math 5 points
Anil borrowed rupees 18000 from Rakesh at 8% per annum simple interest for 2 years if Anil had borrowed this sum at 8% per annum compound interest what extra amount would he has to pay
Ask for details Follow Report by Manish75001 03.01.2020
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alexaaxela007
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Answer:720
Step-by-step explanation:
P=18000,r=2,i=8
=P*R*I/100
=18000*2*8/100
=180*2*8
=17280
Ans=18000-17280
=720.
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