Question

Dinesh borrowed rs 9000 on 28th june 2006 from a bank at the rate of 12% per annum simple interest . If he wants to clear the account on 9th September 2006 , what amount will he have to pay.​

Answer 1

Answer:

hope it is helpful to you

Step-by-step explanation:

Principal amount is 70,000Rs

Rate of Interest is 9%

Time period is 3ys

I=

100

PRT

I=

100

70,000×9×3

=18,900Rs.

A=P+I

A=70,000+18,900=88,900Rs.

Answer 2

Answer:

Given: P = rs 9000 and R = 12%

To calculate Time:

Number of days in June = 30-28 = 2

Number of days in July = 31

Number of day in August = 31

Number of days in September = 30-19 = 11

Total number of days = 2+31+31+11 = 73

T = 73 / 365 year

Now, SI = P×R×T/100

SI = 9000 × 12 × 73 / 100 × 365

SI = 18× 12

SI = 216

Amount = P+ SI

= 9000+ 216

= 9216

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