If marks gives am intrest of Rs45 for one year at 9% rate per annum , what is the sum she has borrowed
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▶ Question - If marks gives am intrest of Rs. 45 for one year at 9% rate per annum , what is the sum she has borrowed ?
▶ Given :-
Internet ( SI ) = Rs. 45
Time ( T ) = 1 year
Rate of interest ( R% ) = 9%
▶ Explanation :-
Principle ( or ) Sum = SI × 100 / R% × T
Principle = 45 × 100 / 1 × 9
Principle = 4500 / 9
Principle = Rs. 500
∴ Sum borrowed by Mark = Rs. 500
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