find the amount Anita borrowed from a finance company if she paid 3600 as interest for 3years at 3% interest per annum
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Answer:
Ans= P=Rs.40,000
Step-by-step explanation:
We need to find the interest per annum:
3600/3=1200-- is the interest per annum
Now we need to find how much Anita borrowed:
SI=PRT/100
1200=Px3x1/100
1200x100=Px3
120000=Px3
P=120000/3
P= Rs. 40,000
Hope this helped!
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