Arun borrows 2500 rupees from SBI @ 8% PSI for 3 years what amount wil

1.	Arun borrows 2500 rupees from SBI @ 8% PSI for 3 years what amount will he paid to SBI at the end of period
Answer» Solution: Principal = Rs. 2500; RATE= 8%, time=3years we KNOW that; I = P×R×T/100 I = (2500×8×3)/100 I = 600... Total AMOUNT = I+P = 600+2500 = 3100.. Therefore, amount to be paid is rupees 3100. THANKS

Arun borrows 2500 rupees from SBI @ 8% PSI for 3 years what amount will he paid to SBI at the end of period

Answer»

Solution:

Principal = Rs. 2500; RATE= 8%, time=3years

we KNOW that;

I = P×R×T/100

I = (2500×8×3)/100

I = 600...

Total AMOUNT = I+P = 600+2500 = 3100..

Therefore, amount to be paid is rupees 3100.

THANKS

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Arun borrows 2500 rupees from SBI @ 8% PSI for 3 years what amount will he paid to SBI at the end of period​

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Arun borrows 2500 rupees from SBI @ 8% PSI for 3 years what amount will he paid to SBI at the end of period