Question

Guru borrowed a certain sum of money at the rate of 8% p.a for 3yrs if Guru got ₹600 as interest,find the sum borrowed by guru

Answer 1

Answer:

₹2500

Step-by-step explanation:

Rate =8%

time=3yrs

interest =₹600 so,

I=p×r×t

100

600=8×3×p

100

p=600×100

8×3

p=2500