1. A man borrowed a loan of Rs. 24,000 from a bank at 8% per annum simple interest.
He returned the money after 4 years 6 months. How much money did he pay back
altogether?
Answers
Answered by
3
Answer:
32640
Step-by-step explanation:
simple interest = PTR/100
here P= 24000
R=8%
T= 4 + 6 /12
=4+ 1/2
=9/2
24000 x 9/2x 8
100
=8640
A = P+I
= 24000+8640
= 32640
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