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rehana borrows rs.2500 from brinda at an intrest rate of 8% for 2 years . how much money will rehana have to pay to brinda after 2 years |
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Answer» Answer: Rs 2900 Step-by-step explanation: Given Principal amount=Rs 2500 Rate of interest =8 PERCENT Time =2 years(24 months) Interest =P×R×T÷100 =2500×8×2÷100 =Rs 400 Amt to be PAID after 2 yrs=Principal amount+Interest =2500+400 =Rs 2900 |
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