A person took a loan of Rs 1500 from his employer for 3 months at 12% per annum simple interest. The amount he has to return is :
(A) Rs 45 (B) Rs 1500
(C) Rs 1545 (D) Rs 1455
Please answer with solving
Answers
Answered by
0
Answer:
l=PNR/1oo = 1500 x 3x12/1200
= Rs45
Amount to repay=1500+45
= Rs.1545. (c) Ans
Answered by
2
Answer:
C) Rs.1545
Step-by-step explanation:
Simple interest = P.R.T/100
THEN
Simple interest = 1500*12*3/12*100
Simple interest = 45
Then total amount = principle + Simple interest
So
Total amount = 1500 + 45 => 1545
Thus amount will be 1545
{I am not sure this would be right or wrong
I tried it
Hope this Solution is satisfactory for u}
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