Question

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? if the answer is 2 1/2 what are the clear steps.​

Answer 1

Step-by-step explanation:

r-5%

p-20,000

sI-2500

t-?

solve:-

formula -

t-I×100

p×r

= 2500×100

5×20,000

=5

2

=2 1 (answer)

2