Math, asked by shubhijais80, 11 months ago

Question 2
Rani takes a loan of ₹4000 at 12% annual rate of interest from Mahila Cooperative Bank for buying a sewing machine. Find that how much amount Rani has to pay in 1 year.

Answers

Answered by anaksha
1

Answer:

480

Step-by-step explanation:

Principle amount=4000

Rate of interest=12%

Time=1

Interest =PRT/100

             =4000x12x1/100

           =40x12

            =480

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