Math, asked by Saraswati13, 1 year ago

to renovate his shop, anurag obtained loan of ₹8000 from a bank if the rate of interest at 5% per annum compounded annually calculate the compound interest that anurag have to pay
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Answers

Answered by Thanmayht
2

here we should calculate the loan and percent it will be 8000×5%=400

now we should calculate anum and answer we got 1 annum=12 months then 400×12=4800

the answer we got is 4800

Answered by Anonymous
8

Answer:

The compound interest that Anurag will have to pay is Rs 1261.

Step-by-step explanation:

Referred to the attachment.

Attachments:
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