Question

in 2 years,
Principal = Rs 8000, time = 2 years and the rates being 9% per annum during the first year and 10%
annum during the second year.
od obtained a loan of Rs 125000 from the Allahabad Bank for buying computers. The bank
per​

Answer 1

Answer:

RS 9592

Step-by-step explanation:

P = RS 8000

R1= 9% pa

R2=10% pa

T = 2 years

A = P(1+R1/100)(1+R2/100)

= 8000(1+9/100)(1+10/100)

= 8000×109/100×11/10

= 8×109×11

= RS 9592.