7. Mohan borrowed 36000 from a bank for 8 months at 10% per annum. Find the interest he will pay.
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Answer:
38400
Step-by-step explanation:
10 % of 36000 = 3600(for year) but for 1 month 300
So fro 8 months
8*300=2400
36000+2400= 38400
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