Question

manapuram borrow 3500 from a friend and you repaid him with interest at the rate of 8% per annum after 8 months what is the amount he paid back

Answer 1

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Here is your answer
P = Rs 3500
R = 8% p.a
T = 8 month
= 8/12 years
= 2/3 years

AS we know the formula

SI = PRT/100
$= \frac{3500 \times 8 \times 2}{3 \times 100} \\ \\ = 186.66$
Therefore he paid back the amount is

= 3500 + 186.66

= Rs 3686.66



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Answer 2

Step-by-step explanation:

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