2. Mr Sharma borrowed 40000 from Mr Desai for 3/2 years at the rate of 10% per annum
What amount Mr Sharma paid to clear his debit?
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Step-by-step explanation:
3/2 years = 1.5 years
Interest in 1 year = 40000÷10=4000
Interest in 0.5 year=4000÷0.5=2000
Total interest = 6000
Mr Sharma has to pay= 40000+6000=46000
Hope it is helpful☺️☺️
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