Bela borrowed rupees 73000 from a bank on 8 April 1999 and Saturday the amount on 7th August 1999 what amount did she pay the rate of interest begin 15%
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0
You need to be more specific.
Is the interest simple or compound?
Is it compounded monthly or quarterly?
Answered by
19
P = 73000
R = 15% p.a.
T = 121 days i.e 121/365 year
SI = PRT/100
= 73000 × 15 × 121 / 100 × 365
= 132495000 / 36500
= 3630
Amount = Interest + Principal
= 3630 + 73000
= 76630
So the amount that she had to pay is Rs. 76630
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