Question

You ask your best friend to lend you ₹ 200 ₹200₹, 200 to buy your favourite toy. She says she can lend you the money only if you give her an extra ₹ 2 ₹2₹, 2 for every month that passes before you return it. What is the total amount you must pay her if you return it after two years? rupees What is the annual rate of interest she is charging you?

Answer 1

Answer:

₹ 248 is the total amount you must pay her if you return it after two years.

The annual rate of interest she is charging you is ₹ 24.

Step-by-step explanation:

Extra money per month = ₹ 2

Extra money per year = ₹ 2×12

Extra money per two year = 2×2×12 = 4×12 = ₹ 48

Money lend = ₹ 200

Money given after two years = ₹ (200+48) = ₹ 248

PLEASE SELECT MY ANSWER AS THE BRAINLIEST ANSWER.

Answer 2

Answer:

the total amount you must pay her if you return it after two years is  

=248

the annual rate of interest she is charging you is

=12 %

HOPE IT HELPS YOU !

THANKS !