Raghav borrowed Rs 10,000 from her friend wish him at 6% per annum simple interest for 2 years had he borrowed this sum at 6% per annum compound interest what extra amount would he have to play to her
Answers
Answered by
0
Answer:
A=p(1+r/100)^n
A=10000(1+6/100)^2
A=10000(53/50)^2
A=10000*53*53/50*50
A=11236 rupee
CI=A-P
CI=11236-10000
CI=1236 rupee
Step-by-step explanation:
so, he have to pay 1236 rupee extra
Similar questions