Sabina borrowed rupees 8500 from a friend at 7%per annum . What amount should she return at the end of 2 year 8 month
Answers
Answered by
1
Step-by-step explanation:
METHOD USING PRT
PRINCIPLE=8500
RATE=7%
TIME=2YEAR 8 MONTH
8500×7
100×2
8500/100=85
TIME=8/12=0.666666667
85×7×0.666666667=396.666667
so 8500+396.6=8,896.6
amount 8,896.6
Similar questions