Raghu borrowed a sum of ` 10,000 from Renu for 3 years. If Renu charges 8% simple interest per annum, how much will Raghu have to pay after 3 years?
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10000 x 3 x 8 / 100 == 2400 this will be interest
Total = 10000 + 2400 == 12400 he needs to pay
Total = 10000 + 2400 == 12400 he needs to pay
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