Math, asked by rishavrishavraj91, 9 months ago

Mohan borrowed 350.000 at
16% per annum interest rate from a
finance company. How much money he
will have to return after 5 years.​

Answers

Answered by manas12374
0

PRINCIPAL=350

RATE=16%

TIME=5YEARS

SIMPLE INTEREST=PRT/100

=(350*16*5)/100

=28,000/100

=280

AMOUNT=350+280

=630

ANSWER IS 630.

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