Ahmed chacha borrowed 2500 at 12 p.c.p.a for a year what amount will he have to return to the bank at the end of year
Ahmed chacha borrowed 2500 at 12 p.c.p.a for a year what amount will he have to return to the bank at the end of year
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Answer:
p=2500
R=12℅
T=1
I=PRT/100
=2500*12*1/100
=25*12*1
=300
A=p+I
=2500+300
=2800