5)
Pranjal borrows a sum of 20,000 at the
rate of 5% p.a. After how many years
does she pay the money back if she pays
an interest of 2500?
Answers
Answered by
4
Step-by-step explanation:
Principal= ₹20000
rate=5%
let time =x
simppe intrest=p×r×t/100
2500 =20000×5×x/100
2500 =1000x
2500/1000=x
2.5=x
.°. time =2.5 years
Answered by
2
Answer:
2.5 years
Step-by-step explanation:
P=Rs.20000,R=5%,SI=Rs.2500
SI=
100
PRT
2500=
100
20000×5×T
⟹T=2.5 years.
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