A man borrowed Rs.8000 from a bank at the rate of 8% per annum. Find the amount he has to pay after four and a half years *
Rs . 10880
Rs. 10990
Rs. 10500
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SI=
100
P∗R∗T
=
100
8000∗8∗(9/2)
=Rs.2880
Amount=8000+2880=Rs.10880
Interest =Rs.5000 , Amount=Rs.10880
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