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?
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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
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