# Manpreet borrowed Rs. 4575 on first July 2010 at the rate 10% per annum he returned the amount on 31st December 2011. Find the amount he returned.

**Given:**

Manpreet borrowed Rs. 4575 on first July 2010 at the rate 10% per annum he returned the amount on 31st December 2011.

**To do:**

We have to find the amount he returned.

**Solution:**
Principal$P=Rs.\ 4575$

Time $T=1\frac{1}{2}\ years=\frac{3}{2}\ years$

Rate of interest $R=10 \%$

Amount$=P+\frac{PTR}{100}$

$=Rs.\ 4575+\frac{4575\times\frac{3}{2}\times10}{100}$

$=Rs.\ 4575+\frac{13725}{20}$

$=Rs.\ 4575+686.25$

$=Rs.\ 5261.25$

**The amount returned by him is Rs. 5261.25.**

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