Ram borrows Rs. 520 from Gaurav at a simple interest of 13% per annum. What amount of money should Ram pay to Gaurav after 6 months to be absolved of the debt?.

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Q. Ram borrows Rs. 520 from Gaurav at a simple interest of 13% per annum. What amount of money should Ram pay to Gaurav after 6 months to be absolved of the debt?.

(A) Rs. 353.80
(B) Rs. 453.80
(C) Rs. 552.80
(D) Rs. 553.80

Correct Answer - Option(D)

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