Question

calculate the amount paid by Anita if she borrowed rupees 200000 from the bank and the book for 3 years @ 12% per annum ​

Answer 1

Given

P = ₹200000

T = 3 years

R = 12%

$si \: = \frac{p \times r \times t}{100}$

SI = ₹72000

Amount = P + SI

Amount = ₹272000