4. Surekha took a loan from Yusuf at the rate
of 6% per annum SI. She returned 7000
to Yusuf after 2 years. Find the amount
she took as loan.
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0
Answer:
6250
Step-by-step explanation:
According to the question,
R = 6% p.a.
Amount = 7000
T = 2 years
S.I. = (P × R × T)/100 = PRT/100
A = P + S.I.
7000 = P + PRT/100
7000 = P + (P × 6 × 2)/100
7000 = P + 12P/100
7000 = P + 0.12P
( We can say that P = 1P)
7000 = 1P + 0.12P
7000 = 1.12P
7000 = 112P/100
7000 × 100/112 = P
6250 = P
P = 6250
Hence, the amount took by Surekha as loan is 6250
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