If Meena gives an interest of ₹ 450 for one year at 9% p.a., what is the sum she has borrowed?
Answers
Answered by
0
Step-by-step explanation:
to find the principal we 100*i/t*r
p=100*450/1*9
p=100*50/1
p=500
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Answered by
0
Given,
Simple Interest SI = 450rs
Rate Of Interest R = 9%
Time Period T = 1
To Find,
Amount Meena has borrowed
Solution,
Simple Interest SI = 450rs
Interest Rate R = 9%
Period Of Time T = 1
Simple Interest SI = P×R×T
The interest is given in %
SI =
Therefore,
The principal amount =
P =
=
=
= 5000rs
5000rs is Meena has borrowed and gives an interest rate of 9%
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