Question

If Meena gives an interest of ₹ 45 for one year at 9% rate p.a. What is the sum she has borrowed?​

Answer 1

Interest=P×R×T/100

Rs.45=P×9×1/100

P=RS.500

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Answer 2

Solution:

given: S.I=Rs.45

R=9%, T=1 year

$S.I= \frac{P \times T \times R}{100} = 45= \frac{ {P \times 1 \times 9}}{100}$

The sum she has borrowed P=Rs.500