Math, asked by kritagyaarjel, 5 months ago

a farmer takes a loan of rupees 8400 at a simple interest rate of 7.5 % per annum after what time will be have to pay rupees 10922 clear that the debt?​

Answers

Answered by jasperkaur310
4

Answer:

difference between both the amount will be interest.

so, 10920–8400 = 2520 (interest)

Formula for the simple interest is:-

Simple Interest = Principal * Rate * Time

PUT THE VALUE IN THE FORMULA.

2520= 8400 * 7.5/100 * Time

2520*100=63000 * Time

Time = 4 Years.

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