Question

Mr Verma borrowed Rs 8400 from Oriental Bank of Commerce on 11 January 1988 and repaired on 5th June 1988 at 12.5% simple interest find the interest and amount paid by Mr Verma


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Answer 1

Answer:

hey mate your answer

Step-by-step explanation:

Given:

principal=8400

rate=25/2

time=4 days

or 4/366 year

the interest =(8400×25/2×4/366)/100

84×25/2×4/366

8400/732

=11.47

the amount =8411.46

hope it helps you

Answer 2

Step-by-step explanation:

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