Sahil borrowed 1,00,000 from a bank for 4 years at the rate of 8 p.c.p.a. for his son's
education. What is the total amount he returned to the bank at the end of that period?
Answers
Answered by
7
pricnple=100000
time= 4
rate=8%
si=pxtxr/100
100000x4x8/100= 32000
hence=amount = 132000
Answered by
9
Question ⤵️
Sahil borrowed 1,00,000 from a bank for 4 years at the rate of 8 p.c.p.a. for his son's
education. What is the total amount he returned to the bank at the end of that period?
_____________________
Solution ⤵️
Total amount he returned to the bank at the end of that period.
Putting the values given,
_____________________
Answer ⤵️
The total amount he returned to the bank at the end of that period = Rs. 132000.
_____________________
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