Question 6. Payal took loan of Rs. 12,000
for parlour from a nationalized bank.
How much amount she will repay after 2
years 6 months at annual rate of 14%
When interest is accumulated annually,
Answers
Answered by
2
Step-by-step explanation:
Percent × Rupees × Time /100
you
p×r×t/100
2years 6months = 30months
interest = 8 × 12000 × 30/100
it will cancelled
8×120 × 30= 1460×30
=43800
Similar questions