Ram borrowed a sum of Rs. 2000 from his friend on May 1 at the rate of 5%. An emergency arose and he again borrowed Rs. 1000 on September 24 at the same rate of interest. If he returned his loan, along with the interest , on December 6, how much was the total amount returned?
The question asked by you is incomplete as you should have mentioned the rate of interest is yearly or monthly.
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