) A loan of Rs.8000 given by Raghav to his friend at the rate of 9p.c.p.a., how much will he get back after one year?
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Answer:
8320
Step-by-step explanation:
I= ptr/100
I=(8000×1×9)/100
I=320
Therefore the loan amount will the principal amount + the interest
so therefore he will get back
8000+320
=8320
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