Raja borrows ₹400 from his friend. He agrees to pay it back after one year together with the interest of 9% per annum. What amount of money will he pay back after one year ?
Answers
Answered by
1
Answer:
436
Step-by-step explanation:
p=400
T=1
R=9%
I=PTR/100
=400*1*9/100
=36
He pay back amount=400+36
= Rs.436
Answered by
1
Answer:
Rs. 436
Step-by-step explanation:
Principal-Rs. 400
Rate- 9% p.a.
Time- 1 year
Simple Interest - (P*R*T)/100
= (400*9*1)/100
=3600/100
=Rs. 36
Amount = Principal + Simple Interest
= 400+36
=Rs. 436
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