raj borrows 8000 at 7.5 per year how many money will he pay at the end of four years as per simple interest method
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Answer:
₹10400
Step-by-step explanation:
S. I = P× R× N/100
S. I = 8000 × 7.5 × 4 /100
S. I = 2400
Principle + Interest = 8000+2400
= ₹10040
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