bunty borrowed some amount at 18% per annum.he had to pay rs 225 as interest after 4 years.how much did he borrow?
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Answered by
89
||✪✪ QUESTION ✪✪||
Bunty borrowed some amount at 18% per annum.he had to pay rs 225 as interest after 4 years.how much did he borrow ?
|| ✰✰ ANSWER ✰✰ ||
Given that,
→ Rate = 18% per annum.
→ Simple interest = Rs.225
→ Time = 4 years .
→ Principal = ?
we know that,
→ Principal = ( Simple interest * 100 ) / (Rate * Time)
Putting values we get,
→ Principal = (225 * 100) / (18 * 4)
→ Principal = Rs.312.5
Hence, Required Principal was Rs.312.5.
Answered by
86
Bunty borrowed some amount at 18% per annum.he had to pay rs 225 as interest after 4 years.how much did he borrow?
According to the question , we know that:
Simply , by substituting the values we get ,
Principal = Rs.312.5
Hence, Required Principal is Rs.312.5.
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