Asad borrowed 250,000 from the bank at the rate of 12% per annum for four years. The interest paid to the bank after four years would be ______?
- 125000
- 120000
- 150000
- None of these
Explanation
Interest = Principal × Rate × Time
= 250,000 × 0.12 × 4
= 250,000 × 0.48
= 120,000
Related MCQs
- 20%
- 15%
- 10%
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
- Rs. 100
- Rs. 200
- Rs. 300
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
