Ankita borrowed a sum of ₹ 10,000 from a finance company for buyer at 8% per annum for 6 years. The amount returned by Ankita to finance companies?

₹ 14,800

We have, P =Rs 10000,

R =8% per annum,

T =6 years.

I = (P×R×T)/100 = 10000×8×6/100 = Rs4800

A  =P+I=10000+48000 = Rs14800

Thus, Ankita  returned Rs 14800 to the finance company.