Question

a man borrowed rs 700 from his friend . he promised to return back the amount after sis months at an interest of 8% per annum . how much money will he pay back after six months​

Answer 1

Answer:

28 Rs

Step-by-step explanation:

Principal Amount= 700

Rate=8%

Years=6 months/12 months = 0.5 years

PRT/100

$\frac{700 \times 0.5 \times 8}{100 }$

=28 Rs