Question

Sonika borrowed 18000 from the bank for 2 year 6 months at 10% per annum.what amount she will pay at the end​.​

Answer 1

✓ Given :

» Sonika borrowed 18,000 for 2 years 6 months at 10% per annum

✓ To find :

» Amount she will pay at the end.

✓ Solution :

✮ SIMPLE INTEREST FORMULA :

A = P ( 1 + rt )

where ,

A → Final amount

P → Principal amount [ 18,000 ]

r → rate of interest [ 10% ]

t → Time ( only in years ) [ 2 years 6 months ]

» 2. 5 years

Let's substitute the known values in the above formula

A = 18,000 ( 1 + 10*2.5)

A = 18,000 * 26

A = 4,68,000

Therefore she needs to pay 4,68,000 rupees at the end of the year.

______________________

Answer 2

Step-by-step explanation:

7650 rupees I don't know how I got but if you want to check this is the answer from my textbook