Mohini borrows 5000 at 12% interest. She takes the loan from 1s March to 12 h May.
How much interest does she pay?
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Answer:
₹10
Step-by-step explanation:
INTEREST = (PRT)/100
PRINCIPAL = ₹5000
RATE = 12/100
TIME = 2/12 years
SO,
(5000 x 12 x 2) = ₹10
HOPE IT HELPS YOU :)
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