Question

If
Tanvi
gives
an
interest
of

Rs
40
for
one


year
at
5%
rate
p.a.
What
is
the
sum
she


has
borrowed?​

Answer 1

Answer:

let the amount she borrowed be p then

then we know that interest=(p*r*t)/100

we have r=5 and t=1

so we can say 40=(p*5*1)/100

p=4000/5=800

so the amount she borrowed is Rs.800