sanjana start a dariy business to obtain a loan for25000 and is rated is 15% per annulal calculated the she has to pay for bank 4 years
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Answer:
40000.
Step-by-step explanation:
- SI = Principle x time x rate %
= 25000 x 4 x 15% = 15000.
- So amount = 25000 + 15000 = 40000.
Answered by
0
Principle =Rs. 25000
Rate of interest =15%
Time =4years
SI=PTR/100
=25000*4*15/100
=Rs. 15000
SA=Principle+SI
=25000+15000
=Rs. 40000
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