Question

Rajesh borrowed rs.8000 at the rate 8.5% per annum in simple interest. After 3 years he paid rs.7600 and a wristwatch to clear the debt. Find the cost of wristwatch.

Answer 1

interest in 3 months .

p×t×r/100

then

Answer:

8000×3×85/100×10= 2040rs

total amount who paid by rajesh after 3 years 10040 rs

he paid 7600 in cash and a wristwatch

price of wristwatch is 10040 - 7600 ans.

Step-by-step explanation:

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