Question

a man borrowed r.s. 12000 at 5.5 % p.a. for 146 day. how much amount he paid back.​

Answer 1

Answer:

12000×5.5/100×146/360=268

total amt= 12268

Answer 2

Step-by-step explanation:

A man borrowed i.e, principal =12000

Rate =5.5% p.a.

Time = 146 days = 146/365 years= 2/5 years

Then,

Simple Interest = prt/100

=12000×5.5× 2/5 /100 =264

Then the amount = principal + simple interest

=12000 + 264 = rs 12264 (ans).