Question

if meena gives an interest of 45 for one year at 9% rate peranum what is the sum she borrowed

Answer 1

the simple interst =
45 × 100/9 = 500
principal = 500

HOPE IT HELPFUL

Answer 2

The sum borrowed is Rs.500.

Step-by-step explanation:

Given : If Meena gives an interest of Rs.45 for one year at 9% rate p.a.

To find : What is the sum she has borrowed ?

Solution :

Applying interest formula,

I= P*T*R

Where, I=Rs.45 is the interest

R=9%=0.09 is the interest rate

T=1 year is the time

P is the principal or sum

Substitute the value in the formula,

45 = p*0.09*1

P= 45/0.09

P= 500

Therefore, The sum borrowed is Rs.500.