budhathokit06 budhathokit06

25-03-2022
Mathematics

contestada

Mr Shreshta borrowed rupees 2,000 from a bank at the rate of 4 % per year
i need answer
step by step
process by process

Respuesta :

reshmasunuwar34 reshmasunuwar34

25-03-2022

Answer:

Rs. 480

Step-by-step explanation:

Per month interest amount = 2000 x 0.02 = Rs.40

One total interest cost =Rs. 40 x 12 ( 12months i. e. 1 year)

= Rs. 480

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