Manish borrowed rupees 450000 from a bank at 8% p a simple interest to pay installment of his new house in a society what amount did he pay to the bank after 6 yearssolvewith full solutions
Answers
Answered by
22
Answer:
Step-by-step explanation:
Principal = 450000
Rate of interest = 8%
N = 6 years
S. I = P x R x T / 100
450000 x 8 x 6 / 100
= 4500 x 8 x 6
= 4500 x 48
= 216000
Amount = Principal + Interest
= 450000 + 216000
= 666000
Therefore total amount is rs. 666000.
Answered by
4
Answer:
6,66,000
Step-by-step explanation:
principal = 4,50,000
Rate of interest = 8%. Time = 6 years
simple interest = principal×rate×time /100
simple interest=4,50,000×8×6/100
=2,16,000
Amount to be paid after 6 years = principal+ SI for 6 years
= 4,50,0000+2,16,000
= 6,66,000
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