ashoka borrowed a sum of 1650 from rakesh at the rate of 8percent per annum he returend the money after 1 year 6 months how much has paidbto rakesh
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Step-by-step explanation:
Amount to be paid=principal amount+Simple interest<br> Simple interest=
P
×
R
×
T
100
where P is the principal amount ,T is time and R is the rate of the interest.<br> Simple interest=
10
,
000
×
15
×
2
100
=
3000
<br> Amount to be paid=
10
,
000
+
3000
=
Rs
.13000
<br>
i hope it's help ful
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