Solution:-
Given
Prashant borrowed ₹ at % p.a.
p = ₹ , t = years = = years, r = % p.a.
Amount =
Amount =
Amount = ₹
Hence, Prashant has to pay back ₹ at the end of years.
Solution:-
Given
Prashant borrowed ₹ at % p.a.
p = ₹ , t = years = = years, r = % p.a.
Amount =
Amount =
Amount = ₹
Hence, Prashant has to pay back ₹ at the end of years.