Question

*If Soma borrows Rs 25,000 from a bank at 8% p.c.p.a., how much will he have to repay to the bank after one year?*

1️⃣ 25200
2️⃣ 25020
3️⃣ 27000
4️⃣ 25002​

Answer 1

Answer:

First we have to find Simple Interest he has to pay

Simple Interest = principal × Rate/100 × time

SI = 25000 × 8/100 × 1

SI = Rs 2000

Now the amount to repay = Principal + SI

Amount = 25000 + 2000

Amount = Rs 27000

Answer 2

Answer:

PLS MARK BRAINLIEST

Step-by-step explanation:

3. 27000