Rama borrowed rs 14000 from her friend at 8% per annum simple interest.she returned the money after 2 years.how much did shebpay back altogether
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Principal =₹14000
rate=8%
time=2years
Simple interest=(Principal ×rate×time)100=
(14000×8×2)/100=₹2240
therefore amount=14000+2240=₹16240
rate=8%
time=2years
Simple interest=(Principal ×rate×time)100=
(14000×8×2)/100=₹2240
therefore amount=14000+2240=₹16240
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