5
Ramesh borrowed Rs. 700 from his friend at
8% per annum interest. He returned the money
after 1 year. How much did he pay back
altogether?
(1 Point)
Answers
Answered by
3
He borrowed ₹700 so the amount given back with the interest is
700*8/100 = 56
This is the interest paid in a year so the total amount to be returned is = 700+56=756
Hope this helped u
700*8/100 = 56
This is the interest paid in a year so the total amount to be returned is = 700+56=756
Hope this helped u
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