Question

Chhota that need a loan of rupees 20000 to buy a new car Mr thus the bank manager agreed to give him the loan at 3% per annum if the loan was to be paid back after 5 year what total amount must he returned to the bank​

Answer 1

23,000

First we will find intrest paid on loan

20000×3×5

_________ =3000

100

Amount = Principal+Interest

So Amount = 20,000+3,000

= 23,000

So the Answer is 23,000

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Answer 2

Answer:

the answer is 23,000…………………