CSIR NET
Rajendra gupta Asked a Question
August 1, 2020 7:25 ampts 1 pts
  • CSIR NET
  • Physical Sciences

A man borrows rs.4000 and pays back after 5 years at 15% simple interest. the amount paid by the man is :

A man borrows Rs.4000 and pays back after 5 years at 15% simple interest. The amount paid by the man is :
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  • Ashish sharma Best Answer
    Amount = principal + S.I. S.I. = (PxRxT)/100 = (4000×5×15)/100 = 3000 so that amount = 3000+4000 = 7000 rs.
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