Question

10. Har Singh borrowed ? 1600 for 1 year 10 months. How much total amount
will he pay at the rate of 12% pa, simple interest to clear the debt?​

Answer 1

Answer:

Rs.1952

Step-by-step explanation:

Principal (P) = Rs.1600

Rate (R) = 12% p.a.

Time (T) = 1 year 10 months = 11/6 years

Simple Interest = PRT/100

=> SI = 1600 * 12 * 11/6 *1/100

=> SI = Rs.352

Hence, total amount = Rs.(1600+352) = Rs.1952