Question

Rahul borrowed a sum of rs 10000 for a certain period of time at the rate of 10%p.a. and returned amount of rs 12000 at the end. Find the time for which money was borrowed.

Answer 1

Answer:Two of an amount of time

Step-by-step explanation:

10% of  10000 is 1,000

The answer is two months, maybe two years

Hope this helps rate whatever you want

Answer 2

Answer:

2 years

Step-by-step explanation:

Data:

• P = ₹10,000
• A = ₹12,000
• R = 10 % p.a.
• SI = A - P = 12000 - 10000 = ₹2,000

Solution:

$\implies$ $\sf{ T= {\Large\frac{SI × 100}{P × R}}}$

$\implies$ $\sf{{\Large\frac{2000×100}{10000×10}} }$

$\therefore$ $\boxed{\sf{T = 2\ years }}$

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