rahul took a loan of rupees 60000from a bank at 8 percent per annum and paid it back after 10 months together with simple interest how much money did he return to the bank
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Answer:
64000
Step-by-step explanation:
using formula for simple interest
PTR/100
principal P=6000
time T=5/6 year
rate of interest R=8 percent p.a
substituting the values in formula
interest I =4000
amount =principal+interest
A=60000+4000=64000
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