If Meena gives an interest of Rs 45 for one year at 9% rate p.a.. What is the sum she has borrowed ?
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Answered by
6
Answer:
Step-by-step explanation:
s.i.=p×r×t/100
45=p×9×1/100
RS 500(principle)
Answered by
6
The sum borrowed is Rs.500.
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*R*T
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.
Step-by-step explanation:
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