2 points
11) Rustam borrows 9500
rupees for 4 years on simple
interest. How much does he
have to pay back if the rate of
interest is 7% p.a.
Answers
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5
Answer:
S.I.= P×R×N/100
S.I.= 9500×7×4/100
S.I.= 2660
total amount= 9500+2660
= ₹12160
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