Rachna obtained alone of 25000 from the Syndicate Bank to renovate her house if the rate of interest is 8% per annum what amount will she have to pay the bank after 2 year
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4000is the right answer
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Capital =25000/-
rate of interest =8%
Time=2years
interest =(25000×8×2)/100
=250×16=4000
the amount she have to pay=4000+25000=29000/-
hope it helps you plzzzzzz mark as the brainliest.
rate of interest =8%
Time=2years
interest =(25000×8×2)/100
=250×16=4000
the amount she have to pay=4000+25000=29000/-
hope it helps you plzzzzzz mark as the brainliest.
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