if tanvi gives an interest of Rs 40 for one year at 5percent rate p.a.What is the sum she has burrowed
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Given : Tanvi gives an interest of Rs 40 for one year at 5 percent rate p.a.
To Find : What is the sum she has burrowed
Solution:
SI = P * R * T / 100
P = Sum borrows
R = 5 %
T = 1 years
SI = Rs 40
40 = P * 5 * 1 /100
=> 40 = P/20
=> P = 40 x 20
=> P = 800
sum she has burrowed = Rs 800
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