Question

Gopal borrowed some money at 12% simple interest if he had to pay back 1280 rupees after 5 years in order to clear of the loan how much did he borrow ?​

Answer 1

Answer:

Rs 800

Step-by-step explanation:

A=rs 1280, R=12%,T=5years

Let's take P be rs 100

So SI= 100×12×5/100

SI=rs 60

So amount =P+SI

                  =100+60=160rs

 If P is 100 amount is 160

So if amount is 1280, P is ??

P=1280×100/160

P=rs 800

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