# Then the amount paid by Tushar to the money-lender to clear his debt was :

Tushar borrowed a sum of Rs.12,000 at 15% per annum from a money-lender on 13^{th} January 1987, and return the amount on 8^{th} June 1987, to clear his debt. Then the amount paid by Tushar to the money-lender to clear his debt was

- Rs.11,394
- Rs.12,720
- Rs.13,650
- Rs.15,330

**Answer: (3) Rs. 12, 720 **

**Solution:-****Given – **

Principal = Rs. 12, 000, Time = 146 days & rate = 15% per annum

Then, Simple interest = 12, 000 x 15 x 146/100 x 365

= 120 x 15 x 146/365

= 720

Then, paid amount by Tushar to the money-lender = 12, 000 + 720

Rs, 12, 720.

Hence, the correct answer is option (2) Rs. 12, 720.