Math, asked by priyafine88, 2 months ago

find the time period for which rupees 9000 was borrow that for 5% per annum, if the interts taid rupees 900

Answers

Answered by latayadav325

Step-by-step explanation:

Here the important point is that in case of EMI the amount advanced is paid with interest every month. Hence 9000 loan was not outstanding in full for 10 months but only 4500(1/2) was on average outstanding for 10 months.

Rate of interest:

Interest =1000

Amount of loan outstanding for. 10 months: 4500

= 1000x100x12/4500x10

=26.66%

ROI is 26.66

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find the time period for which rupees 9000 was borrow that for 5% per annum, if the interts taid rupees 900​

Answers

find the time period for which rupees 9000 was borrow that for 5% per annum, if the interts taid rupees 900