Ankit borrowed certain amount of money from his his friend. At the end of 5 years at the rate of interest of 10 percent, he returned rs.75,000 to his friend. Find the sum of money Ankit borrowed from his friend.
Answers
Answered by
1
Answer:
Step-by-step explanation:
principal = 75,000
rate = 10%
time = 3 years
si = p*r*t divided by 100
= 75,00*10*3/100
= 2250
Amount = principle + s i
= 75000+2250
= 77250
Similar questions