A man borrowed rupees 8000 from a bank at 8% per annum find the amount he has to pay after 4 years
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10560 rupees
Step-by-step explanation:
amount borrowed= 8000
rate of interest= 8%
interest for 4 years= 8000 * 8/100 * 4
= 2560
total amount to be paid after 4 years= 8000 + 2560 rupees
=10560 rupees
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