Question

Jaya got a loan of rs.13500 from his friend to repair his house. he promised to return rs.1500 at the end of the year. how much extra money did he return and what % of the principal does it represent?

Answer 1

Answer:

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Answer 2

Step-by-step explanation:

Solution here

Loan amount/Principal=Rs.13,5000

Extra money to be returned=??

% of extra money out principal

Now,,,

Extra money to be returned=Rs.15000

Rs=13500 Rs=1500

% of extra money out of principal= 1500

out of 13500

= 1500

______

13500

15×100

______

135

1×100

_____

59

= 100

_____

9 %

= 11 1/9 %

Hence he returned Rs 1500 as money which is 11 1/9 % of principal