Answer :
Given,
Principal = Rs.15625
Rate = 16% per annum
Time = 2- years
Amount =
= 15625
So,
Ramu has to make a payment of Rs.21866
Rate this question :
How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Compound Interest39 mins
Application of Compound Interest38 mins
Concept of Compound Interest50 mins
RD Sharma | Compound Interest38 mins
Quiz | Simple & Compound Interest35 mins
Quiz | Calculating Compound Interest Really Compound?46 mins
Goprep Genius Quiz | Taxes, Discount and Compound Interest25 mins
Taxes, Discount and Compound Interest34 mins
Become Proficient in Simple Interest36 mins
One Step Ahead of Simple Interest44 mins




















Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
view all courses
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation


RELATED QUESTIONS :
The population of
RD Sharma - MathematicsRahman lent Rs. 1
RD Sharma - MathematicsThe population of
RD Sharma - Mathematics6400 workers were
RD Sharma - MathematicsThe count of bact
RD Sharma - MathematicsThree years ago,
RD Sharma - MathematicsThe value of a ma
RD Sharma - Mathematics