Question

12. Indra borrowed some money from a money-lender for 5 years at 16% per annum
simple interest. He returned $14,400 after 5 years as full and final payment. What sum of money did she borrow?​

Answer 1

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1400= p ✖ 16 ✖ 5 / 100

140000= p ✖ 80

1440000/80 = p

180000 = p

I hope it is helpful for you

@ Aman Jha