Aie, it's simple interest formula P x R x T. So ₹8000 times 9% times 2.5 years. You get ₹1800.
But my papa says bank loans never work like this only. Last monsoon, he borrowed for shack repairs. Even with 'simple' interest, they added so many charges, total was much more.
I did this sum in my sandy textbook near the shack.
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