Seema borrows Rs 6,40,000 from a bank to buy her car .The rate of simple interest is 12% per annum and she borrows the money for a period of 5 years . Find the amount Seema must repay to the bank.
Answers
Answered by
1
Answer:
384000 ok this is the answer
Attachments:
Answered by
1
Step-by-step explanation:
P = 6,40,000
R = 12 % = 12/100
T = 5 years
SI = 6,40,000 × 12/100 × 5
SI = 3,84,000
Seema must repay
A = SI + P
A = 3,84,000 + 6,40,000
A = 1,024,000
Amount will be 1,024,000 .
Similar questions