Manohar borrowed a sum of Rs. 4500 at 8% rate p.a. for 2 years. Find the
amount he paid after two years.
Answers
Answered by
1
Answer:
Principle =4500
Rate=8%
Time = 2
Simple interest = p*r*t/100
4500*8*2 / 100
= 720
Now they have asked for amount so,
Simple interest + principle = amount
Amount = SI +P
= 720+4500
= 5220
Similar questions