Question

a man borrowed rupee 6000 from his friend his friend at 4% per annum. he returned the money after 1 year. how much did he pay to his friend?​

Answer 1

Answer:

₹240

Step-by-step explanation:

Principal= ₹6000

Rate of interest= 4% p.a.

Time= 1 year

Simple Interest= ₹(6000×4×1)/100

= ₹240

He has to pay ₹240 to his friend.