If loan - 2,75,000, Rate of interest -8% p.a.,Time - 4 years, then find the amount to
be repaid.
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Question
If loan - 2,75,000, Rate of interest -8% p.a.,Time - 4 years, then find the amount to
be repaid.
Answer
Given,
P= 2,75,000
R= 8%
T= 4 years
S.I = 2,75,000*8*4/100
= 8800
Amount= 2,75,000+8800
= 283800
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