Question

Divya borrows a sum of rs 20,000 at the rate of 5% p,a after how many years does she pay the money back if she pays an interest of rs 2500

Answer 1

$time = i \times 100 \div p \times r \\ = \frac{100 \times 2500}{20000 \times \frac{5}{100 } } \\ = \frac{250000}{1000} = 250.$
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