Question

Ramchand took a loan of Rs 12000 from his neighbour and agreed to repay it after 2 yea
rate 8% per annum, simple interest. At the end of 2 year, his neighbour demanded interes
rate of 12%. The extra amount paid by the borrower is
(A) Rs 860
(B) Rs 960
(C) Rs 806
(D) Rs 906​

Answer 1

B is the write ans

Step-by-step explanation:

mark as branlist

Answer 2

Answer:

I think it's none of these it's 480

Step-by-step explanation:

bcoz the 12% of 12000 is 1440 & 8% of 12000 is 960 so the extra amount would be difference between them.its 480