Ram borrowed Rs.4800 from Sita at the rate of 10% per annum, at the end of one year.
Answers
Answered by
3
Solution :
Principal ( P ) = Rs 4800
Rate of interest ( R ) = 10%
Time ( T ) = 1 yr
Simple interest ( S.I ) = ( PTR )/100
= ( 4800 × 1 × 10 )/100
= Rs 480
Amount ( A ) = P + S.I
= Rs 4800 + 480
= Rs 5280
••••
Principal ( P ) = Rs 4800
Rate of interest ( R ) = 10%
Time ( T ) = 1 yr
Simple interest ( S.I ) = ( PTR )/100
= ( 4800 × 1 × 10 )/100
= Rs 480
Amount ( A ) = P + S.I
= Rs 4800 + 480
= Rs 5280
••••
Answered by
4
amount he has to pay :
simple interest + principal
4,800 + 480
5,280 rs
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