Question

If rita given an interest of rupees 50 for one year at 10 / rati p. a What is the sum she has borrouled​

Answer 1

Answer:

Total Amount borrowed by Jaya = Rs.

50,000

let us first calculate the interest on that

amount in the first year

Interest= Principle x Time x Rate 100

Interest= 50000 x 1 x 12

100

Interest Rs 6000

So,Jaya has to pay an interest of Rs. 6,000 the end of the first year.

But she has paid an amount of Rs. 33,000

So,she has cleared a debt of Rs.33, 000 – Rs.6,000 Rs.27,000

Remaining debt of Jaya = Rs.50, 000

Rs.27,000 Rs.23,000

=

By the end of the second year she has to pay an interest for an amount of Rs.23,000

Interest= 23, 000 × 1 × 15 100

Interest Rs.3, 450

So the total amount she has to pay

her debt Amount+Interest

= Rs.23, 000 + Rs.3, 450

= Rs.26, 450

So, Jaya has to pay a total amount of Rs.26,450 to clear her debt