If Kabir pays back Rohan R 6232.50 for the loan
of 4500 that he had taken at 28% interest p.a.,
how many months did Kabir take to pay back
Rohan's money?
Answers
Answered by
20
Answer:
T=16.5months
Step-by-step explanation:
A=P+SI
SI=A-P
=6232.5-4500
=1732.5
SI=P×R×T/100
1732.5=4500×28×T/100
1732.5=1260×T
T=1732.5/1260
T=1.375years
OR
T=16.5months
Answered by
3
Kabir took 15 months to pay back Rohan's money.
Step-by-step explanation:
Since we have given that
Sum = Rs. 4500
Amount = Rs. 6232.50
Rate of interest = 28% p.a.
So, the number of months would be
Hence, Kabir took 15 months to pay back Rohan's money.
# learn more:
Bobby borrowed $500 at 12 percent simple annual interest. He paid back $680 to pay off the loan. How many years did it take Bobby to pay back the loan?
https://brainly.in/question/3524866
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