Rohan borrowed ₹20,000 for 35/6 years at 17/4%p.a. Calculate the interest he has to pay. Also find the amount.
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Rohan borrowed ₹20,000 for 35/6 years at 17/4%p.a. interest he has to pay.
Step-by-step explanation:
Kamala borrowed Rs 26,40026,400from a Bank to buy a scooter at a rate of 15%15%p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan? (Hint: Find A for 2 years with interest is compounded yearly and then find SI on the 2nd year amount for 412412years).
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