Adil borrowed ₹2,00,000 from his friend at 8% p. a for 1 year and 8 months. Find the amount to be paid if it is compounded annually.

228,000

Step-by-step explanation:

I = PRT / 100

I = (200,000 * 8 * 1.75 ) / 100

I = 28,000

Amount to be paid = 228,000

228,000

Step-by-step explanation:

I = PRT / 100

I = Interest

P = principle = 200,000

T = time = 1.75 yr

R= rate =  8

I = (200,000 * 8 * 1.75 ) / 100

I = 28,000

Amount to be paid = 228,000

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