Sunil borrowed Rs 1600 at 12% simple interest per annum. At the end of 4 years, he cleared his account by paying Rs 2000 and a Gift. The cost of the gift is _____________
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Answer: 544 Rupees
Step-by-step explanation:
Step-by-step explanation:
time = 2 10/12 years = 2 5/6 years
simple interest = 1600*12*17/6*100
= 16*2*17
= 544 rupees
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Answered by
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Step-by-step explanation:
rs 368 is the correct answer
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