5. Nitin borrowed * 3000 from Abhishek at 8% per annum. After six years Nitin cleared the amount by giving
* 3985 and a watch to Abhishek. Find the cost of the watch.
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Answer:
Rs. 455
Step-by-step explanation:
S.I.- p*r*t*/100
3000*8*6/100
144000/100= 1440
Total Amount to be paid- 1440+3000= Rs. 4440
Cost of watch= 4440-3985= Rs. 455
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