Ayesha borrowed some money at 12% per annum simple interest after 1 year 9 months. she paid 3,025 and settled her accounts. what amount is she borrow?
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rate of interest(r) = 12%
time (t) = 1 year 9 mas = 1+(9/12)
= 1+0.75
= 1 .75 year
paid (p) = 3025
we know , simple interest (I) = (p×t×r)/100
= (3025×12×1.75)/100
= 63525/100
= 635.25
here correct answer here
time (t) = 1 year 9 mas = 1+(9/12)
= 1+0.75
= 1 .75 year
paid (p) = 3025
we know , simple interest (I) = (p×t×r)/100
= (3025×12×1.75)/100
= 63525/100
= 635.25
here correct answer here
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