1) If Kabir Pays Back Rohan 6232.50 Ruppes For The Loan of 4500 ruppes that he had taken at 28% pa how many months kabir taken to pay back Rohan's Money ?
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3049 rupees
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Given :-
Kabir pays to rohan = 6232.50
Kabir takes loan = 4500
To find :-
how many months kabir taken to pay back Rohan's Money
Analysis :-
Here we are given the Price to pay back the rohan and price of loan he takes
we find how many months kabir taken to pay back Rohan's Money
Solution :-
we know that
- P = Principal
- R = Rate of interest
- T = Time
- A = Amount
Givan that,
Kabir pays to rohan = 6232.50
Kabir takes loan = 4500
Substituting their values
P=24500
A=26232.50
R=28% pa
T= T years
SI=P×R×T
100
A−P= P×R×T
100
6232.50−4500= 4500×28×T
100
1732.50= 4500×28×T
100
1732.50=1260×T
T= 1732.50
1260
T=1.375 years
=1.375×12 months
=16.5 months
=16× 1 months.
2
= 16
2
= 8
Therefore,months kabir taken to pay back Rohan's Money is 8
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