Question

Kamala borrowed ? 26.400 from a Bank to buy a scooter at a rate of 15% p.a.
compounded yearly. What amount will she pay at the end of 2 years and 4 months to
Hint: Find A for 2 years with interest is compounded yearly and then find SI on the
2nd year amount for years).
12​

Answer 1

Answer:

1,10,880 rupees

Step-by-step explanation:

Principal (P) = 26,400 rupees

Rate (R) = 15%p.a.

Time (T) = 2 years 4 months (28 months)

SI = (PRT)/100

SI = (26400×15×28)/100

SI = 1,10,880

ANSWER:- 1,10,880 rupees

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