Question

Rachit borrowed 32,000 rupees from his friend. he gave 8000 rupees at the rate of 12% per annum. how much interest did he pay in 4 years?

Answer 1

Answer:

Probably, 36500

Step-by-step explanation:

P-32000

R-rate of interest = 12% per annum

T- 4 years

=P×R×T

_______

100

=32000×12×4

____________=4500

100

Amount=principal + interest

4500+32000

So, 36500 ans