Question

Hari borrowed 4,000 from Ashok for 2 years. If the rate of interest is 10 p.c.p.a., how much money should Hari pay at the end of 2 years? (A) 800 (B) 3,200 (C) 4,020 (D) 4,800​

Answer 1

Answer:

I think so

Step-by-step explanation:

Solution

Case 1: For the first two years <br>

P=15,000, R=15%, T=2

<br>

I = (15,000 xx 15 xx 2)/(100) = Rs 4500

<br> Case 2: For the remaining time period <br>

P=15,000, R=20%, T=16

months <br>

I = (15,000 xx 20 xx 16/12)/(100)

<br>

rArr I=(15,000 xx 20 xx 16)/(1200) = Rs 4000

. <br>

therefore

Total amount that Ravi has to pay =15,000 + 4500 + 400 = Rs 23,500

Answer 2

Answer:

4,800 is answer of your question