Question

Shanta borrowed rupees 6000from the state bank of india for 3years8month a 1 2percent per annum what amount will clear off her debt

Answer 1

Answer:

860

Step-by-step explanation:

Given principal = 6000 Rs

Time = 3 years 8 month = which is 11/3  years.

Rate = 12% per annum

which is

(6000×12)/100 = 720 per annum

For 3 year and 8 month= 720 × 11/3 = 2640

Now amount = principal + interest

= 6000+ 2640

= 8640 Rs

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

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