repayment of a loan after 6 years at rate of 24% simple interest is rupees 73200. what is the amount borrowed?
Answers
Answered by
1
Put principal as p
Rate = 24 %
Time =6years
SI =p*r*t/100
73200=p*24*6/100
(73200*100)/24*6=p
7320000/144=p
50833. 3=p
Principal =50833.3
Answered by
4
Answer: Interest for 6 yr will be 24×6= 144%
Let,
P(100)__144%____244%(A)
P = 73200×100/244
= 730000/244
= 30,000
That solved....
Step-by-step explanation:
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