A borrowed a sum of ₹3,000 from his friend B on 31 December 2007 on the condition that he would return the same after one year with simple interest at 15% per annum. However, A gets into a position of returning the sum on 31 August 2008. How much amounthad to return to B?
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A borrowed a sum of ₹3,000 from his friend B on 31 December 2007 on the condition that he would return the same after one year with simple interest at 15% per annum. However, A gets into a position of returning the sum on 31 August 2008. How much amounthad to return to B?
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