Question

Santa borrowed 6000 from the State Bank of India for 3 years 8 months at 12%annum.
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Answer 1

Answer:

Amount=7833.3

PLEASE MARK AS BRAINLIEST

Step-by-step explanation:

Principal=6000

Time=3years and 8 months

Interest =12%

For 1 year the interst amount=12/100×6000

=500rs

So for 3years=500×3=1500rs

8months =2/3×500

=333.3rs.

So now after 3years and 8 months the amount to be paid = 6000+1500+333.3

=7833.3