Question

₹6000 is borrowed at 6 % rate of interest per annum. find the interest and the amount to be paid at the end of the month.​

Answer 1

the ans is 1000

Step-by-step explanation:

6000÷6

=1000

Answer 2

Answer:

• amount borrowed - P- Rs. 6000
• Rate of Interest per annum- R - 6%
• Term -T- 1 year
• Interest per annum - I = PTR/100

                                            =6000*1*6/100

                                            =360 Rs

• Interest at the end of the month = 360/12 = 30 Rs
• Amount to be paid at the end of the month = Principle + Interest

                                                                                 = 6000+ 30

                                                                                 = 6030 Rs