10,000 is borrowed at 6.5% rate of the interest p.a. find the insteres – InterviewSolution

1.

10,000 is borrowed at 6.5% rate of the interest p.a. find the insterest and the amount to be paid at the end of 3 yearsplese ans

Answer»

P=10,000

R=6.5% P.A.

T=3 yrs

roi=1950

amount=11950

$p \times r \times t$

10000*6.5/100*3

=1950

amount=roi+p

=11950

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