Question

a man borrowed 18000 rupees from his friend at 7% per annum simple interest . he return the money after 3 years 6 months . how much money did he pay back altogether?

Answer 1

3 years 6 months simple interest at 7% =

3.5×18000×7/100 = 4410
after 3 years 6 months he will pay =18000+4410

=22410 rupees

Answer 2

please ask me another question