cSolve the following.Damesh borrowed Rs 500 from Sumit at the simple i – InterviewSolution

1.	cSolve the following.Damesh borrowed Rs 500 from Sumit at the simple interest rate of 15 L o23900annum for 4 years. Calculate the amount to be returned.
Answer» S. I=(500415)/100=300, then Ramesh should be return to Sumit Rs (500+300)=800

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