If Rahul borrowed sum amount from a bank on 1 1 2020 and returns it with interest on 10 January2021 Then in how many days Rahul returns the amount to bank
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Answered by
1
Answer:
Answer
Given,
Principal, p=Rs.20,000
Rate of interest, r=18%
Time, t=2 years
We know that,
SI=
100
p×r×t
Now,
SI=
100
20000×18×2
=7200
I hope you stay your mind
.
Total amount after 2 years is =Principal+Interest=Rs.(20,000+7200)=Rs.(27,200)
Step-by-step explanation:
Answer
Given,
Principal, p=Rs.20,000
Rate of interest, r=18%
Time, t=2 years
We know that,
SI=
100
p×r×t
Now,
SI=
100
20000×18×2
=7200
.
Total amount after 2 years is =Principal+Interest=Rs.(20,000+7200)=Rs.(27,200)
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