Home
Class 8
MATHS
Kamala borrowed ₹26400 from a bank to bu...

Kamala borrowed ₹26400 from a bank to buy a scooter at a rate of 15% per annum compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?

Text Solution

Verified by Experts

The correct Answer is:
Rs 36659.7
Promotional Banner

Similar Questions

Explore conceptually related problems

What sum will yield an interest of ₹3927 in 2 years and 4 months at 8% per annum?

Yadalah for his family needs borrowed ₹5120 at 12% per annum compounded annually. How much amount he has to pay to clear the debt at the end of two year nine months? Also find total how much Interest he has paid?

Yadaiah for his family needs borrowed Rs 5120 at 12(1)/(2)% per annum compounded annually. How much amount he has to pay to clear the debt at the end of two year nine months? Also find total how much interest he has paid?

A sum of ₹2500 is borrowed at a rate of 12% per annum for 3 years. Find the simple interest on this sum and also the amount to be paid at the end of 3 years.

Arif took a loan of ₹ 80,000 from a bank. If the rate of Interest is 10% per annum, find the difference in amounts he would be paying after 1"" 1/2 years. If the interest is compounded half yearly.

Arif took a loan of ₹ 80,000 from a bank. If the rate of Interest is 10% per annum, find the difference in amounts he would be paying after 1"" 1/2 years. If the interest is compounded annually.

Sunita takes a loan of ₹5000 at 12% rate of interest. Find the interest she has to pay at the end of one year.

A sum of money invested at 8% per annum for simple interest amounts to ₹12122 in 2 years. What will it amounts to in 2 years 8 months at 9% rate of interest?

I borrowed ₹12000 from Prasad at 6% per annum simple interest for 2 years. Had I borrowed this sum at 6% per NA annum compounded annually, what extra amount would I have to pay?

Prathibha borrows ₹47000 from a finance company to buy her first car. The rate of simple interest is 17% and she borrows the money over a 5 year period. Find Her equal monthly repayments.