Question

Sanjay borrowed RS 24000 from the Punjab national Bank to buy a t.v if the rate of interest be 10 %per annum, compounded annually, what payment will he have to make after 2 1/4 years

Answer 1

Answer:

s I = PNR/100 , ( 24000 x 10 x 21 ) /100 , 600 x21 = 12600