Math, asked by preetichandani20256, 5 months ago

Rahim took all loan of 20000 for 2 years at 12% per annum the interest compound annually find the amount of at the the end of 2 years that he has to pay..

Answers

Answered by richasaikia174

2

25000

Principal = 20000

Rate of interest = 12% per annum

Time = 2 years

Simple Interest =

200000×12×2/100=250000

Pay = 25000

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