Question

shamla borrowed ₹ 6000 from the slate bank of
India for 3 Year 8 Months At 12% Per annum. what a amount well clear off her deft ?​

Answer 1

Answer:

is it

Step-by-step explanation:

Principal = Rs 6000

Time = 3 yr 8 months = 3 + 8/12 = 11/3 years.

Rate = 12% per annum

So,

Simple Interest = PRT/100 = (6000*12*11/3 )/100

i.e. 2640.

Now, Amount = Principal + Interest

i.e 6000+2640 = Rs 8640.

Rs 8640 is that amount which will clear off her debt.