Math, asked by sbaig896, 7 days ago

Mahmood borrowed Rs:1500/- from saleem for 3.5 years at simple interest rate of 8% per annum. How much mahmood has to pay at the end of a period

Answers

Answered by Daksh5744

0

SIMPLE INTEREST = PRINCIPAL AMOUNT * RATE * TIME / 100

= 1500 * 8 * 3.5 / 100

= 42000 / 100

= Rs 420

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