Question

Vishal took a loan for 25000 for 2 years . if rate of interest is 5% per annum compounded annually .find amount that he has to repay after 2 years​

Answer 1

Answer:

₹27,562.50

Step-by-step explanation:

P=25,000

T=2 years

R=5%

By using formula:-

A=P(1+R/100)^T

A=25,000(1+5/100)^2

A=25,000×21/20×21/20

A=₹27,562.50

Answer 2

Answer:

ganesh took a loan of rs 25000 for 2 years at the rate of 5% per annum. Find the amount he has to repay i fthe interest if compounded half yearly

Step-by-step explanation: