Question

Kisanrao borrowed 36,000 from a
bank
at the rate of
6 p.c.p.a., to make
a pond in his field. What amount will
he return to the bank at the end of the
year
​

Answer 1

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Given:

Principal (P) = 35250 rupees

Rate of interest (R) = 6%

Time (T) = 1 year

Now, Interest = P×R×T100

=35250×6×1100=211500100

= 2115 rupees

Hence, Kisanrao will have to return 2115 rupees as interest to the bank at the end of the year.

Answer 2

Answer:

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