Bhide borrowed 70000 at 12% p.a to buy a scooter.He had to pay 16,800 as interest . calculate the time period and the amount he paid back
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Answer:
amount = 86800, time = 2 years
Step-by-step explanation:
principle=70000
SI= 16800
there for amount = P + I
70000+16800
=86800
now time = 12% of 20000 =8400
= 20% ÷ I
8400÷16800
2
time = 2 years
devibina1955devi:
thanks for that
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