10. Rama and Kala took a loan of Rs. 5,000 each from a co-operative bank. They
returned the loan along with interest in 1 × 1/2 years and 4 years respectively. If Rama
returned Rs. 5,600, find the money returned by Kala to the co-operative bank.
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Answer:
Step-by-step explanation:
Given:
Principal (P) = 1500 rupees,
Rate of interest (R) = 9%
Time (T) = 2 years
Total interest (I) = P×R×T100
=1500×9×2100
= 270 rupees
Now, total amount = P + I
= 1500 + 270
= 1770 rupees
Hence, Rihanna will get the total amount of 1770 rupe
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