Sunil borrowed Rs 1600 at 12% simple interest per annum. At the end of – InterviewSolution

1.	Sunil borrowed Rs 1600 at 12% simple interest per annum. At the end of 4 years, he cleared his account by paying Rs 2000 and a Gift. The cost of the gift is _____________
Answer» 544 RupeesStep-by-step explanation:Step-by-step explanation: time = 2 10/12 years = 2 5/6 years simple interest = 16001217/6100 = 162*17 = 544 rupeesHope it helped. marks it as BRAINLIEST

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