Math, asked by DhwaniDhanuka, 6 months ago

Q2: Rahul borrowed Rs.12000 from a bank at 12% simple interest. What is the amount he has to pay back after 2 years?

Answers

Answered by Pratik2759

0

Answer:

He has to pay Rs.14880

Step-by-step explanation:

since in simple interest

amount=P×R×T/100

so

amt=12000×12×2/100

amt=120×12×2

amt=2880

therefore he has to pay

12000+2880=Rs.14880

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