Question

aman borrowed rs.2010 for 3 months at 6/5 p.a. Calculate the amount to be paid by him to clear his loan

Answer 1

Answer:

rs 2135

Explanation:

p= rs 2010

R= 120 p.a.

T= 3 months

I = prt/100

I= 2010×120×3/100

I= rs 125

A = P+I

= 2010+125

A= rs2135

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