Question

if reeja gives an interest of ₹45 for one year at the rate of 9% per annum, what is the sum she borrowed
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Answer 1

Given,

Simple interest = Rs. 45

Rate of interest = 9% p.a

Time = 1 year

We know,

S.I

$= \frac{prt}{100}$

where,

P = principal

R = rate of interest

T = time

$45 = \frac{p \times 9 \times 1}{100}$

$p = \frac{45 \times 100}{9}$

$p = \frac{4500}{9}$

$p = rs. \: 500$

Answer 2

Answer:

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