Question

Find the interest paid by Yana if she borrowed rupees 8000 for 2.5 years given that the rate of interest is 10% p.a. compounded annually
IF THE ANSWER IS RUPEES 2164 THAN PLEASE EXPLAIN FULL ANSWER ​

Answer 1

Answer:

Find the interest paid by Yana if she borrowed rupees 8000 for 2.5 years given that the rate of interest is 10% p.a. compounded annually

IF THE ANSWER IS RUPEES 2164 THAN PLEASE EXPLAIN FULL ANSWER ​

Step-by-step explanation:

S. I.= (Principle×Rate×Time)÷100

Given,that

Principle = 8000

Rate = 10% per annum

Time = 5/2

S.I. = (8000 × 10 ×5) ÷ 10 × 2

= (400000) ÷ 10 × 2

= (400000) ÷ 20

= Rs. 20000

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Answer 2

Step-by-step explanation:

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