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0 votes
12.5k views
in Bank and Simple Interest by (46.9k points)

Suvidya borrowed a sum of Rs 30000 at 8 p.c.p.a. interest for a year from her bank to buy a computer. At the end of the period, she had to pay back an amount of Rs 2400 over and above what she had borrowed. 

Based on this information fill in the blanks below.

1. Principal = Rs__ 

2. Rate of interest =__% 

3. Interest = Rs__ 

4. Time =__year. 

5. The total amount returned to the bank = 30,000 + 2,400 = Rs__

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1 Answer

+1 vote
by (47.6k points)

1. 30000 

2. 8 

3. 2400 

4. 1 5. Rs 32400

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