To renovate His shop he borrowed rs 16000 for 3 years at rate of 15% per annum. What he will pay afer 3 years.
Answers
Answered by
1
In simple intrest
principal= 16000
time = 3 years
rate of intrest= 15 percent
simple intrest = ptr/100
16000×3×15/100
7200/-
amout to paid after 3 years = 16000+7200=23200
principal= 16000
time = 3 years
rate of intrest= 15 percent
simple intrest = ptr/100
16000×3×15/100
7200/-
amout to paid after 3 years = 16000+7200=23200
Similar questions