5.
Rahul pays an interest of 4,500 for 5 years
on a certain sum at 7.5% p.a. Find the sum
he has borrowed.
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Answer:
S.I. = Simple Interest
P = Principal
R = Rate
T = Time
S.I. = ₹4500
P = ₹?
R = 7.5%
T = 5 years
S.I. = P × R × T/100
4500 = P × 7.5 × 5/100
P × 7.5 × 5 = 4500 × 100
P = 4500 × 100/7.5×5
P = 450000/37.5
P = 12000
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