Question

kisanrao wanted to make a pond in his field.He borrwed rupees 35250 from a bank at an interest rate of 6 p.c.p.a. How much Interest will he have to pay to the bank at the end of the year ?​

Answer 1

Answer:

The decimal numeral system is the standard system for denoting integer and non-integer numbers. It is the extension to non-integer numbers of the Hindu–Arabic numeral system. The way of denoting numbers in the decimal system is often referred to as decimal notation.

Answer 2

Answer:

3834

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Sum

Kisanrao wanted to make a pond in his field. He borrowed rupees 35250 from a bank at an interest rate of 6 p.c.p.a. How much interest will he have to pay to the bank at the end of the year?

SOLUTION

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.