A man borrows Rs. 1200 from a bank for a period of3 months. He finds he has to repay Rs. 1236. Finde bank rate of interest
Added by Matthew H.
Step 1
First, we need to find the interest amount the man has to pay. To do this, we subtract the borrowed amount from the repayment amount: Interest = Repayment Amount - Borrowed Amount Interest = Rs. 1236 - Rs. 1200 Interest = Rs. 36 Show more…
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