Nalini borrowed Rs 550 from her friend at 8% per annum. She returned the amount after 6 months. How much did she pay?
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Answer: 572
Step-by-step explanation:
P = ₹550.
R = 8% per annum.
T = 1/2 hr.
Interest = PRN/100
= 550×8×1/2×1/100.
= 22
Amount = 550 + 22
=572
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