Math, asked by aryan3985, 5 months ago

Rajni took a loan of ₹ 86,000 at 6% simple interest for 3 years. To repay the loan she paid ₹ 85000 and a gold ring, find the price of the ring.

Answers

Answered by bhuvana8237

1

Answer:

Rs. 16,480

Step-by-step explanation:

SI = PTR/100

Which is,

86000×3×6/100

860×3×6=15480

Therefore, the amount will be 86000+15480

101,480

Price of the ring will be:

101480-85000=16,480

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