Rahul borrowed rs.4000 on 7th of june 2006 and returned it on 19th August 2006. Find the amount he paid if the interest is calculated at 5% per annum
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Answered by
12
P = ₹4000
T = 73days/365
R = 5%
S.I = PTR/100
= 4000 × 73×5/ 100× 365
= ₹40
A = P + I
A = 4000+40
Amount paid by Rahul is ₹4040/-
_________________________________________
Mark brainliest if it helps, thanks
T = 73days/365
R = 5%
S.I = PTR/100
= 4000 × 73×5/ 100× 365
= ₹40
A = P + I
A = 4000+40
Amount paid by Rahul is ₹4040/-
_________________________________________
Mark brainliest if it helps, thanks
Answered by
3
step by step explanation:
SI = PNR/100
Term = June 30-7 days=23
July 31 days
August 19 days
Total days = 73 days
1 year is 365days . so 73/365
Now Principle = 4000
Term = 73/365
Rate of interest. = 5%
4000*73/365*5/100 = 40
The total amount he paid is ₹ 4040.
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