Shankar took a loan of Rs. 25,000 for purchasing a machine. How much amount will he repay after 1 year 6 months at annual rate of 12%, when interest is accumulated annually?
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Q:
Shankar took a loan of Rs. 25,000 for purchasing a machine. How much amount will he repay after 1 year 6 months at annual rate of 12%, when interest is accumulated annually?
- 1Rs. 25,850false
- 2Rs. 27,680false
- 3Rs. 30,000false
- 4Rs. 29,680true
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