Question

8. Amar borrowed * 800 at a rate of 5% per annum simple interest. The amount
he will pay after 3/2 years is
(A) 920
(B) 940
(C) 960 (D) 980
(2018)
​

Answer 1

Answer:

₹860

Step-by-step explanation:

amount borrowed = ₹800

simple interest = 5%

interest after 3/2 years = 3/2 × 5/100 × 800= 60

amount he will pay after 3/2 years = 800+60

=₹860