Pushpa returned a sum of 4800 against some Loan at interest of 4% for a period of 5 years find the sum borrowed by her
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Given:Pushpa returned 4800 after 5 years at interest of 4%
Step-by-step explanation:
total interest=4800×4/100=192
total interest (for 5 years)=192 ×5=960
: .sum borrowed by her=returned amount-total interest for 5years=4800-960=3840
:.she borrowed sum of 3840rs.
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