how much did savita borrow from her aunt if she paid an interest of Rs6000at the end of 2 years at the rate of 5 percentage per annum
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Int=P×R×T/100
6000=P×5×2/100
P=6000×100÷10
P=60000 which is the required answer.
6000=P×5×2/100
P=6000×100÷10
P=60000 which is the required answer.
Aaarusi:
A farmer takes a loan of ₹45000 at 15% per annum to instal a pump in his field . he pays back 15000₹ to the bank along with the interest due at the end of first year . At the end of second year he pays back the balance to the bank. how much does the farmar pay the bank at the end of second year?
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