Math, asked by Anonymous, 6 months ago

Prakash borrows a sum of ₹35000 at 5 percent per annum compounded annually for 24 months , the amount he will pay is

Answers

Answered by simranbachani123

8

Step-by-step explanation:

Amount = 35000(1+5/100)(1+5/100)
amount = 35000 × 21/20 × 21/20
amount = 87.5 × 21 × 21
amount = ₹38587.5

Answered by rinkysinghabhi23

1

Step-by-step explanation:

Prakash borrows $ = 3500(1+5/100)(1+5/100)

answer is = 38587. 50

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