TO BUY SCOOTER ADITYA BORROWED RS 25000 FROM THE BANK IF THE RATE OF INTEREST IS 5% COMPOUNDED ANNULLY FIND THE AMOUNT ADITYA HAS TO PAY AFTER TWO YEARS
Answers
Answered by
1
S.I. =( P * R * T)/100
= (25000*5*2)/100
= 2500
Amount = P+I
= 25000+2500
= 27500
MARK ME THE BRAINLIEST!!!!!
THANKS
Answered by
4
answer- Rs27562.5
The compounded anually amount that Aditya has to pay after 2 years
is 25000*((1+rate)/100)^n
n=number of years
so here
amount=25000*((1+5/100)*(1+5/100))
= 27562.5
Similar questions
Social Sciences,
7 months ago
Math,
7 months ago
Hindi,
1 year ago
Biology,
1 year ago
English,
1 year ago
Computer Science,
1 year ago