Q.7
Raj obtained a loan of Rs. 20,000 from State Bank of India to renovate his house. If
the rate of interest is 16% per annum, find the compound interest he will pay after 3
years.
Answers
Answered by
5
Answer:
ci=P×R×T/100
=20,000×16×3/100
=2000×3
=5000
A=P+I
=20,000+5000
=25000
Answered by
0
Answer:
ci=P×R×T/100
=20,000×16×3/100
=2000×3
=5000
A=P+I
=20,000+5000
=25000
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