Sonika borrowed ₹ 18000 from the bank for 2 years 6 months at 10% per annum . what amount he will pay at the end?
Answers
Answered by
0
Answer:₹ 378000
Step-by-step explanation:
The amount she pays at the end is ₹ 378000
Explanation:
The simple interest is given by the formula:
A = P (1 + rt)
A = Final amount
P = Principal amount = ₹ 18000
r = Interest rate = 10%
t = time (in years) = 2 years
On substituting the values in the formula, we get,
A = 18000 (1 + (10 × 2))
A = 18000 (1 + 20)
A = 18000 × 21
∴ A = ₹ 378000
Answered by
12
Step-by-step explanation:
18000+25% SI
18000+ 4500
22500 she will pay
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