Q 9 Ram borrowed Rs 1,25,000 from a bank for 5 yrs at the rate of 9.5 p.c.p.a. for startinga business . What total amount he will have to return to the bank at the end of that period ? *
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Answered by
0
Answer:
HOPE IT HELPS
Step-by-step explanation:
we have been given
principal= 1,25,000
time= 5 yrs
rate pa = 9.5
firts,we will find si using the formula =
SI = P X R X T
________
100
THEN AMOUNT WILL BE EQUAL TO = SI + P
Answered by
1
ANSWER:-
- MONEY RAM BORROWED FROM A BANK=₹ 1,25,000 ( PRINCIPAL )
- RATE=9.5%PER ANNUM.
- TIME=5YEARS.
THE SIMPLE INTEREST:-
- THE FORMULA FOR FINDING SIMPLE INTEREST=PRINCIPAL×TIME×YEARS.
- NOW,
- (1,25,000 × 9.5 × 5 = 59,375)
WE HAVE FINDED THE SIMPLE INTEREST,NOW THE TOTAL AMOUNT HE HAVE TO RETURN TO BANK:-
SIMPLE INTEREST=₹59,375
PRINCIPAL=₹1,25,000
TOTAL AMOUNT = S.I+ PRINCIPAL:-
₹59,375+₹1,25,000=₹1,84,375
SO,HE HAVE TO RETURN = ₹1,84,375 TO THE BANK AFTER FIVE YEARS.
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