Question

ramesh borrowed from ram a sum of 600 at 12% interest.he returned the money after 6 months.how much did he return to clear the debt?​

Answer 1

Step-by-step explanation:

sum or principal= 600

rate=12%per annum

time= 6 months

simple interest= p*r*t/100

600*12*6/100*6 (as the time is in months not years)

36 rupees

now, he returned rupees 600+36= 636 to clear the debt