neeta took a loan of ₹50000at 12p.c.p.a. to buy a two wheelee for 3 years . what amount will she return to the bank at the end of the 3 years
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Answered by
3
Principal = Rs.50000
Rate of interest = 12%
Time = 3 years
Simple Interest = Principal × Rate of interest × Time / 100
Simple Interest = 50000 × 12 × 3 / 100
Simple Interest = Rs.18000
Amount = Simple Interest + Principal
Amount = 50000 + 18000
Amount = Rs.68000
Hope this helps.
Rate of interest = 12%
Time = 3 years
Simple Interest = Principal × Rate of interest × Time / 100
Simple Interest = 50000 × 12 × 3 / 100
Simple Interest = Rs.18000
Amount = Simple Interest + Principal
Amount = 50000 + 18000
Amount = Rs.68000
Hope this helps.
Answered by
0
I=PTR/100
=(50000.3.12)/100
=18000Rs.
She have to return=P+I
=50000+18000
=68000Rs.
=(50000.3.12)/100
=18000Rs.
She have to return=P+I
=50000+18000
=68000Rs.
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