Question

annually. How much money will she pay at the eno u
6. Ramesh lent 20,000 to his friend at the rate of 8% p.a. interest being compounded annually. How
much money wil he get back from his friend at the end of 2 years 9 months?
1 2 3 4
and simple interest on 120,000 for​

Answer 1

Answer:

Step-by-step explanation:

Given, P=20000, R=8℅,

T=33 months=33/12 years

we know that for compound interest,

CI=20000x108x108 =₹ 23328.

100x100---------