Parul borrowed Rs.6600 from Sheela for 3 years at 12% per annum. Calcu – InterviewSolution

1.

Parul borrowed Rs.6600 from Sheela for 3 years at 12% per annum. Calculate the amountshe has to pay back to Sheela after 3 yearsplease answer step wise step

Answer»

Answer:

12% of 6600 is 792. Now 792 PER YEAR so 792*3 + 6600 = 8976. So PARUL will RETURN 8976 Rupees to sheela

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