Question

varun borrowed rs 35000 from bank at 6 p.c.p.a for 2 years .what amount he had to returned to bank

Answer 1

Answer:

principal = 35000

Rate of interest = 6% p.a.

Time = 2 years

Simple Interest = P×R×T/100

= (35000×6×2/100)

= 4200 rupees

Amount = Principal+Simple Interest

= (35000+4200) rupees

= 39200 rupees

Step-by-step explanation:

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