raj borrowed 50000 rs from mohan for 1 year on 6% interest.What is the total amount he will return to Monan?
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Answer:
the answer of this question is 53000
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Step-by-step explanation:
P=50000/-
T=1 year
R=6%
SI=PTR/100
=50000×1×6/100
=3000/-
AMOUNT = PRINCIPAL + SIMPLE INTREST
= 50000 + 3000
= 53000/-
THEREFORE, RAJ WILL RETURN 53000/- TO MOHAN
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