Virendra borrowed ₹ 25,000 from a bank at a rate of 10 p.c.p.a. What is the amount he will return to the bank at the end of the year?
Options
A. 26,780
B. 27,500
C. 27,620
Answers
Answered by
0
Answer:
B. 27,500
Step-by-step explanation:
Given :
P = 25000
Rate =10%
Time =1 year
Interest = P *R *T /100
= 25000 * 10 *1 /100
= 250000 /100
= 2500
Amount = Principle + Interest
= 25000 +2500
= 27500
Hope it helps you
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Answered by
0
Answer:
B. 27,500
Step-by-step explanation:
Given :
P = 25000
Rate =10%
Time =1 year
Interest = P *R *T /100
= 25000 * 10 *1 /100
= 250000 /100
= 2500
Amount = Principle + Interest
= 25000 +2500
= 27500 rs
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