If Tanvi gives an interest of Rs 40 for one year at 5% p.a. What is the sum she has borrowed
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3
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Answered by
2
Answer:
₹800
Step-by-step explanation:
Simple Interest (SI) = ₹40
Rate (R) = 5%
Time (T) = 1 year
SI = PRT/100
=> 40 = P × 5 × 1/100
=> 40 × 100/5 = P
=> P = ₹800
Therefore, Tanvi borrowed ₹800.
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