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A borrows a sum of Rs 1000 from his frie...

A borrows a sum of Rs 1000 from his friend B on 31 December 2015 on the condition that he will return the same after one year with simple interest at 12%. However, A gets into a position of returning the money on 1 May 2016. How much amount he has to return to B?
A ने अपने मित्र B से 1000 रुपये की राशि 31 दिसंबर 2015 को इस शर्त पर उधार ली कि वह इसे एक वर्ष के बाद 12% साधारण ब्याज के साथ लौटा देगा | हालाँकि, A 1 मई 2016 को ही यह राशि लौटाने की स्थिति में आ गया | वह B को कितनी राशि वापस करेगा ?

A

Rs 1331.5

B

Rs 1045

C

Rs 1120

D

Rs 1040

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The correct Answer is:
D
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  1. A borrows a sum of Rs 1000 from his friend B on 31 December 2015 on th...

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