Manish borrowed ₹5000 at 12% per annum. At the end of the 3⅓year, he paid back an amount of ₹4050 and gave her necklace for the balance amount. Find the cost of the necklace
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Answer:
2950 is the cost of necklace
Explanation:
12% for 3years =36% =6800
+12% for 4 months =200rs
cost of necklace= 7000 -4050=2950
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