Savita bhai browed 1,40,000rupees from a bank for 6 years at the rate od 8 p. c. a.for her sons education what is the total amount had she return at the end of the period

Savita bhai browed 1,40,000rupees from a bank for 6 years at the rate

1.	Savita bhai browed 1,40,000rupees from a bank for 6 years at the rate od 8 p. c. a.for her sons education what is the total amount had she return at the end of the period
Answer» N:–savita bhai browed 1,40,000rupees from a BANK for 6 YEARS at the rate of 8% per annum for her sons EDUCATION what is the TOTAL amount had she return at the end of the period.GIVEN:–PRINCIPAL:–140000RATE:–8%TIME=6 YEARSFIND:–TOTAL AMOUNT TO BE RETURNED .FORMULA:–AMOUNT OF CI = P(1+R/100)^TSOLUTION:–AMOUNT=140000(1+8/100)⁶=140000(100+8/100)⁶=140000(108/100)⁶=140000 × (27/25)⁶=140000 × 387,420,489/244,140,625=222,162.40ANSWER:–RS 222162.40