Hari borrowed a sum of rs 4000 for 2 year's from his friend Ashok . if the rate of interest is 10 percent per annum how much money has Hari to pay back to Ashok after 2 years.
Answers
Answered by
16
Step-by-step explanation:
Simple interest method
P x R x T/100
P is 4000
R is 10
T is 2
therefore sum of interest is 800
therefore total money to be paid is rs 4800
Answered by
16
Answer:
principal= 4000
time=2
rate %=10%
s.i =r×p×t÷100
800
amount =principal +interest
=4000+800 =4800
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