Question

Kamla protein 26/4 26400 from Bank to buy a scooter 2 rate of 15% compounded yearly what amount will be the pay the end of 2 year and 4 months to clear the loan

Answer 1

principal=26400
rate=15 percent
time = 2 year
amount=principal{1+rate /100}/time
so,
amount= 26400{1+15/100}/2
=26400×23/20×23/20=34914
compound interest=amount - principal
=34914-26400=8519
here is your answer