Question

ravi borrowed Rs 5000 from kumar at 9% p.a. simple interest. After 4years ravi cleared the account giving Rs5500 and a cycle to kumar. find the cost of the cycle

Answer 1

50 00×9×4÷100=1800 1800-500=1300 so cost of cycle =1300 hope it helps!! pls rate me brainiest

Answer 2

Simple intrest .,.,.p * r * t./100
,
,so it is comes to 6800
And he has given 5500 to kumar so.,.,.,6800 - 5500= 1300.,.,and that is the answer