Jaimin takes Rs. 10000 at 12% per year as rate of interest, for 2 years. How much interest he
has to pay at the end of two years?
Answers
Answered by
22
Answer:
2400
Step-by-step explanation:
si =(10000*12*2)/100
=2400
final amount to be paid =10000+2400
=12400
Answered by
35
Step-by-step explanation:
Jamin take a loan .
Principal = 10000 , Rate of interest = 12%,Time = 2 years.
Therefore, P×R×T = 10000 × 12 ×2
100 100
= 10000 × 12× 2
100
= 100 ×12×2
= 2400
The total amount returned to bank =
Principle + Interest
10000 + 2400 = 12400
After two year Jamin want to returned 12400$$.
HOPE THIS ANS IS USEFUL TO YOU.
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