Question

Ambika borrowed Rs. 8000 from a bank at 8% per annum and kept it with her

for 3 years. How much amount should she pay to clear the debt after 3 years?
​

Answer 1

9920

Explanation:

S.I=PTR/100

A=P+SI

so, we can say A=P+PTR/100

calculate it

Principal is given 8000

SI=8000×8×3/100=1920

A=8000+1920=9920

so amount 9920 should be payed after 3 year to clear her debt

Answer 2

Hope it helps u mate........