Question

Jaideep borrowed rupees 6000000 from bank for house construction at 25 upon 2% per annum find the amount he has to pay after 1 year if the interest is calculated half yearly

Answer 1

Answer:₹7500000

Explanation:

Si=pxtxr/100 ( p=6000000,r=25/2 per

(. annum(calculated

( halfyearly)=25%

T=1 year)

6000000×1×25/100 = 1500000

A = si + p

= 6000000+1500000

=₹7500000

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