Math, asked by nikitashirsekar, 1 month ago

Sahil borrowed 120000 rupees from a bank for 4 years at the rate of 8.5p.c.p.a. to start a new business. a)Calculate the interest . b)What is the total amount he returned to the bank at the end of that period ? ​

Answers

Answered by brain5698
1

Step-by-step explanation:

ANSWER A :-

S.I = PRINICIPLE*RATE OF INTEREST*NO.OF YEARS /100

S.I = 120000*8.5*4/100

S.I = 1200*34

S.I = 40800

ANSWER B:-

TOTAL AMOUNT = INTEREST + PRINCIPLE

TOTAL AMOUNT= 40800+120000

TOTAL AMOUNT= 160800

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