A
person paid as an interest of 4500 over a period of 2 years at the rate of 15% per annum to
a bank. How much loan he had taken from the bank?
Answers
Answered by
9
Answer:
Rs. 15000
Step-by-step explanation:
S.I. = Rs. 4500
Time = 2years
Rate = 15%
so, Principal = 100×SI /R×T
= 100×4500/15×2
= Rs. 15000
Answered by
0
Step-by-step explanation:
principal=interst×100
---------------------
rate×Time
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