Question

A man borrowed rs 8000 from a bank at 13% per annum on 24th March 2011. How much money did he give to the bank to settle the accounts on 5th June 2011? ​

Answer 1

Correct option is A)

SI =

P*R*T 100

8000*8* (9/2)

100

= Rs.2880

Amount 8000 + 2880 = Rs.10880

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Interest Rs.5000, Amount= Rs.10880