Question

Rashi borrowed rs 12000 from a bank . if the bank charges interest at the rate of 11 percent p.a. what amount will he pay to bank at the end of 3 years

chapter in math is comparing quantities need answer fast
will give full stars

Answer 1

rs 16411.57

Explanation:

12000×11%÷100=1320

1320+12000=13320×11%÷100=

1465.20+13320=14785.20

14785.20×11%÷100%=1626.37

1626.37+14785.20=16411.57

Ans =16411.57

Answer 2

INTEREST=Rs 3960

Explanation:

INTEREST=PTR/100

INTEREST=12000*3*11/100

INTEREST=3960