Question

Mannu borrowed 25000 from a bank at 8 p.c.p.a. for a year what amount he has to written to bank at the end of the year​

Answer 1

Answer:

the amount he has to written to bank at the end of the year is Rs.27000

Answer 2

Step-by-step explanation:

FIRST WE HAVE TO FIND THE S.I

S.I = PRINCIPLE*RATE OF INTEREST * NO.OF YEARS / 100

S.I = 25000*8*1/100

S.I = 250*8

S.I = 2000

NOW TO FIND THE TOTAL WE HAVE TO ADD THE INTEREST AND THE PRINCIPLE THAT IS

25000+2000

27000 IS THE TOTAL AMOUNT

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