Question

A farmer borrowed a loan from co-operative bank. After two years, He paid rupees Rs.5434 and settled the account. If the rate of simple interest is 9/4% per annum. What sum did he borrow?​

Answer 1

shayad sahi answer ho but i try the best and i putted c.i formula

Answer 2

Answer:

see solution without x now ,

in 2 years change total was = 9*2/4 = 9/2 = 4.5%

now, since amount is given and we have to find P that is 100%

104.5% --------------- 5434

100% ----------------- 5434*100/104.5 = ₹ 5200 (Ans.)