Question

Q-Rajni borrowed ₹25000 from a bank at 9% p.a. simple interest for 3 years. She invested this amount in a business for 3 years and earned ₹5000 more than she paid to the bank. What % per year profit did she earn?
please give answer in explanation.....​

Answer 1

Answer:

For the first year ,

Simple Interest SI=

100

PNR

So, SI=

100

25000×1×20

=Rs5000

So, Amount A=25000+5000=Rs30000

For the second year ,

P =30000−8000=Rs22000

So, SI=

100

22000×1×20

=Rs4400

So, Amount A=22000+4400=Rs26400

For the third year ,

P =26400−8000=Rs18400

So, SI=

100

18400×1×20

=Rs3680

So, Amount A=18400+3680=Rs22080

So, Rs22080 has to paid off to clear the loan.

Step-by-step explanation:

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Answer 2

Answer:

22080 is your answer.........