Question

R
Shyam borrowed 4000 from a money lender for 3 years at 8% per annum simple interest. Find
the simple interest and the amount paid by Shyam after 3 years.
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Answer 1

Answer:

Simple interest =ptr/100

= 4000×3×8/100

=Rs.960

Amount =s.i+p

=4000+960

=Rs.4960