3. Ramesh took a loan of 80,000 from a bank at 12% per annum and paid it back after
seven months together with interest. Find the amount he paid to the bank.(pls answer this question with full explanation dont write wrong pls if you know then write and if it's right and fully explained I will give 5 star and thanks your answer and earn 20 points..if you write any thing wrong then it will be reported)
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Simple interest = p×r×t/100
=80000×12×7/100×12
=5600
Amount = 8000+5600
=13600
hope this helps
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