Math, asked by souvikdas7130, 9 hours ago

Mohan borrowed rupees 36000 from a bank for 8 months at 10% per annum. Find the interest he will pay.

Answers

Answered by mrharish947
1

ANSWER

Given,

  • Mohan borrowed 36000
  • For 8 months
  • At 10% per annum
  • Interest = ?

Solution,

Converting 8 months to years we get,

8÷12=2÷3

We know that,

si =  \frac{ptr}{100}

=> 36000×2/3×10÷100

=>120×2×10

=>2400

Conclusion,

So Mohan should pay 2400 as interest

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