Ram borrowed Rs. 8000 at 3½% p.a. compound interest for his family needs. How much amount does he have to pay to clear the debt at the end of one year and three months?
(a.) Rs. 8352.45
(b.) Rs. 8532.45
(c.) Rs. 8253.54
(d.) Rs. 8352.54
Please give well - explained answer
Answers
Answered by
8
Step-by-step explanation:
(A)will be the answer .........,...........
Answered by
0
Answer
A
Solution
(i) Use formula.
(ii) A=P(1+R/1100)(1+R/2100),R2=312×72%
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