Question

Please guys give me answer

Answer 1

Answer:

Interest = 125000

Total amount = 375000

Step-by-step explanation:

Given, P = 2,50,000. R = 10%, Time = 5 years.

We know that Interest(I) = PRT/100

= 250000 * 10 * 5/100

= 125000.

Now,

We know that A = P + I

= 250000 + 125000

= 375000.

Therefore:

⇒ The amount he must pay to the bank = 125000 rupees.

⇒ The total amount he returns to the bank = 375000 rupees.

Hope it helps!