Answered

Manu borrowed Rupees 8500 at the rate of 5% interest per annum for 150 days. Find the interest and amount he paid

Answer :

Answer:

See below

Step-by-step explanation:

5% interest = .05  :

8500 x .05 x 150days /365 days/year  = R 174 .66 = interest......

then amount to be paid = 8500+ 174.66 = R 8674.66

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