Question

Mr Sharma took a loan from a bank for 4 years at the rate of 5 1/2% per annum. He had to pay ₹2825 as interest at the time of repaying the loan. Find the amount of loan he took from the bank. ​

Answer 1

Answer:

6420.50rs

Step-by-step explanation:

time= 4years

rate=11/2%

si=2825rs

principle=?

si=prt/100

2825=(p×11×4)/2×100

2825×2×100/11×4=p

p=6420.50rs

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thnxx