1. A man borrowed 3000 at the rate of interest of 1% per month simple – InterviewSolution

1.

1. A man borrowed 3000 at the rate of interest of 1% per month simple interest. Whatamount will he pay after 6 months?

Answer»

per month interest = 3000*1*1/100

= 30 rupees

In 6 months = 30*6 = 180 rupees

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