Arjun took a loan of ₹50,000 from a bank for 3 years at 12% simple interest per year. Find the amount Arjun has to pay at the end of 3 years.
Answers
Answered by
1
Answer:
₹68000
Step-by-step explanation:
SI Unit first
then amount
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Answered by
2
Answer:
68,000 rupees is the correct answer. Hope, you are helped and please the answer mark as brainliest. Stay safe.
Step-by-step explanation:
Arjun took a loan (p) = 50,000 ruppes
rate of simple interest (r) = 12%
time (t) = 3 years
Simple Interest (I) = prt/100
= 50,000 × 12 × 3 ÷ 100
= 18,000 rupees
so, the amount which Arjun has to pay (A) = (50,000 + 18,000) rupees
= 68,000 rupees (ans.)
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