Question

4. Manisha took a loan of 16,000 from Kamini,
who charged rate of interest at 18% per annum,
After 2 years Manisha paid her 20,800 and a
wrist watch to clear the account. What is the
value of wrist watch?​

Answer 1

Answer:

wrists prise is 960.

Step-by-step explanation:

manisha took loan of 16000

18% charge per annum

16000×18/100=2880

manisha took loan for 2 year

2880×2=5760

now add loan rs and interest rs

16000+5760=21760

now she paid after 2 year 20,800 and wrists watch

the price of watch is

21760-20800=rs 960

Answer 2

answer = ₹960 ans

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