Question

Gourav borrowed 8500/- from bank. He paid 10%per annum and returned the amount after 3 years. How much interest did gourav in all ?And also find amount paid by him

Answer 1

Answer:

Step-by-step explanation:

S.I=P*t*R%

8500*10/100 *3

Interest=2550/-

Amount=Interest + Principal

Amount=11500/-

Answer 2

Interest =,
10% per annum =850 (10%of 8500).
For 3 years=>850*3=2550.
Amount =8500.
=>total amount =8500 + interest;
=>total amount = 11050.