Question

raju borrowed rs 1000 from his friend for 2 year at 14%pa.find the interest at the end of 2 years
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Answer 1

Answer:

280

step-by-step explanation:

we know that, Interest = principal× rate × time/100

A/Q,we have,

• Interest = 1000×14×2/100

or, Interest = 280

Hence,The interest of 1000 at end of after

2 year is 280