Question

if Meena gives an interest of rupees 45 for one year at 9% rate P.A.. what is the sum she has borrowed?​

Answer 1

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Answer 2

Answer:

Simple Interest = Rs. 45, Rate (R) = 9% p.a., Time (T) = 1 years

P×R×T

_____

100

P×9×1

_____

100

45×100

______

9×1

⇒ P = Rs. 500

Hence, she borrowed Rs. 500.