Asked by Haroon Gondal
A person borrowed Rs.20,000 from a bank at a simple interest rate of 12% per annum.In how many years will he owe interest of Rs.3,600?
Answers
Answered by
Henry
I = Po*r*t.
I = $3600.
Po = $20,000.
r = 0.12.
t = ?.
I = $3600.
Po = $20,000.
r = 0.12.
t = ?.
Answered by
omar
1.5years
Answered by
Bekele Regassa
A man borrowed $20,000 from bank and 6 months later he paid $20,600 to the bank . Find the rate of interest
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