sanjana take loan 25000 rate 15%she wany to pay bank 4 yearsplease give anybody answer
shrsree341o:
is that for annum pr monthly
no year
yearly?
ya..
Answers
Answered by
1
the 15 % of amount of 25000 is 3750
then for four years it I'll be
3750×4 =15000
then she should pay 10000 to bay back the loan
then for four years it I'll be
3750×4 =15000
then she should pay 10000 to bay back the loan
Answered by
1
simple interest=principal×number of years×rate of interest÷100
simple interest=25000×4×15÷100
=15000
amount to be given=simple interest + principal
=15000+25000=40000
sanjana will return 40000 to bank
simple interest=25000×4×15÷100
=15000
amount to be given=simple interest + principal
=15000+25000=40000
sanjana will return 40000 to bank
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