Question

per month
Rohit borrowed 24,000 at 7.5 percent per
year. How much money will he pay at the end
of 4 years to clear his debt?

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Answer 1

Answer:

Apply S.I here find

S.I = P×R×T /100

principle =24000

R = 7.5%

T=4years

so,S.I= 24000×7.5%×4 =720

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