A man borrowed rs 8000 from a money lender at 6% per annum on 15 th march. He returns the money back with interest on 21st octomber. Find the amount of interest he had to pay.
Attachments:
Answers
Answered by
9
Answer:
Step-by-step explanation:
Principle amount 8000
Rate 6%
Simple intrest = p×r×t/100
= 8000×6×201/100 × 365
[ time 15 mar to 21 oct = 201 days]
Intrest = 264.33 rs
Similar questions