4. Raghubir borrowed Rs 6400 on January 1, 2016 from a private money lender at 10% p.a and repayed the loan on 26 May 2016. Find the amount paid to the money lender?
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Answer:
6720 ruppes is the answer
Step-by-step explanation:
If he borrowed 6400 per 10percant per annum so he repaid it in 6months do intrest is 5 percent so the amount paid to money lender is
6400×5/100
=320
Here 320 is the intrest
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