Kamla borrowed from a bank rs 26400 to buy a scooter at the rate of 15% per annum simple interest. What amount will she pay at the end of 2 years 4 months to clear the loan?
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Hence, after 2 years and 4 months, Kamala will pay Rs. 36659.7 to clear the loan. Rate of interest (R) = 15% p.a.
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