Ram borrowed rs 6000 from a bank for 2 years 3 months at 18%p.a. what is the amount he has to return.
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1
Answer:
₹8160
Step-by-step explanation:
Principal- Rs 6000
Rate- 18%
Time- 2 years
S.I = PRT/100
S.I = 6000×2×18/100
S.I = ₹2160
Therefore the amount he has to return
= S.I + Principal
= 2160 + 6000
= ₹8160.
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