Question
A borrowed Rs. 5200 from B for his business. How much
amount A will return to B at the end of 15 months such that the sum was borrowed at simple interest of 25% p.a.?Solution
Amount to be returned by A = {(5200 × 0.25 × 15)/12} + 5200 = 1625 + 5200 = Rs. 6825
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