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rahul borrowed a sum of money from a money lender for which he had to pay interest at the rate of 15%pa he paid 10400 at the end of two years to clear the loan along with interest find the sum he borrowed
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Rahul borrowed a sum of money from a money lender for which he had to paowh he rate of 15% p.a. He paid ₹ 10,400 at the end of two years to clear the loan along with interest.. Find the sum he borrowed. 4. The interest on ₹ 500 amounts to ₹ 60 in 2 years at the same rate of interest per annum. In howSolution
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Given,
Pratibha borrows Rs47000 form finance company to buy her first car
so the principal will be =47000
simple interest =17 Pr
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