Question

mary borrowed 30.000.00 from a bank with an interest of 5% per year. how much will she pay after one year ​

Answer 1

Answer:

P= 30,00,000

R= 5% per annum

T= 1

SI= (PRT) /100

(30, 00,000×5×1) /100

1,50,00,000/100

1,50,000

therefore SI = 1,50,000

Amount = P+ SI

30,00,000 + 1,50,000= 31,50,000