Math, asked by vaishnavikalesh3417, 9 hours ago

Bashir is a farmer . He took a loan of ₹4000 from a bank He return ₹350 every month for one year . How much money did he return to the bank ? How much intrest did he pay to the bank?

Answers

Answered by nilboydub

0

Step-by-step explanation:

Loan from bank=₹4000
Total money returns to the bank= ₹(12*350)=₹4200
So interest paid to bank=₹4200-₹4000=₹200
interest%=(200/4000)*100 p.a.=5% p.a.

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