Question

Neha took a loan of 50000 Rupees at 12 pcpa buy a two wheeler what amount will she returned to end 1 year​

Answer 1

A=P(1+R/100)^N

50000(1+12/100)¹

50000(1+3/25)¹

50000(25/25+3/25)¹

50000 x 28/25

56000 rupees