Question

kailash borrowed rs 20,000 from a person on simple interest. how much amount will kailash pay him if he returns it after 2 years with simple interest at the rate of 12%per annum​

Answer 1

Answer:

₹4800

Step-by-step explanation:

P=20,000 T=2 YEARS R=12%

SI=P×T×R/100

SI=20,000×2×12/100

=200×2×12(ZEROS FET CANCELLED)

=4,800

SI= ₹4800