Question

Hari borrowed * 450 from his friend at 6% per annum. He returned the amount
after eight months. How much money did he pay?
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Answer 1

Answer:

 I = PRN /100  

I = (450×6×8) / (100×12)= 18  

total amount = 450+ 18 = 468

Answer 2

Answer: Rs. 468

Step-by-step explanation:

8 months = 2/3 of an year

2/3 of 6% = 4%

Ans = 104% of 450 = Rs. 468

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