Question

Chaurasia borrowed rupees 40000 at 10% simple interest per annum after 2 years he paid rupees 20000 to bank how much will he have to pay the bank toward the loan of the two years more ​

Answer 1

$\large{\underline{\red{\rm{AnswEr:28000}}}}$

$\huge\bold\purple{\underline{Solution:}}$

$\bold\green{\underline{Given:}}$

• Principal=Rs.40000
• Time=2 years
• Rate=10%

$\bold\orange{\underline{Find: Amount\: paid\: after\:2\: years}}$

Using formula to calculate SI

$\bold\purple{\boxed{SI=\frac{P*T*R}{100}}}$

⟹SI=40000×2×10/100

⟹SI=400×2×10

⟹SI=8000

Than find total amount here

$\bold\red{\boxed{Amount=P+SI}}$

⟹Amount=40000+8000

⟹Amount=48000

Given,in the question that he paid Rs.20000 to bank.how much will he have to pay to the bank after 2 years.

⟹ Amount paid by him after 2 years to the bank

⟹48000-20000

⟹28000

Hence,

He will have to pay Rs.28000 to the bank.