Question

Rita gives an interest of Rs.900 for 2 years At 9% rate p.a. then what is the sum she has borrowed?​

Answer 1

Step-by-step explanation:

Rs: 900 for 2 years At 9%.

900x9=8100÷100=81

she gives interest for 1 year is Rs 900,at 9%rate p.a is Rs = 81, so that for 2 years is interest Will be Rs 81× 2=162. .

The sum of rs she has borrow is 900+162 =rs1062.

Answer 2

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The sum borrowed is Rs.500.

Step-by-step explanation:

Given : If Meena gives an interest of Rs.45 for one year at 9% rate p.a.

To find : What is the sum she has borrowed ?

Solution :

Applying interest formula,

I= P*T*R

Where, I=Rs.45 is the interest

R=9%=0.09 is the interest rate

T=1 year is the time

P is the principal or sum

Substitute the value in the formula,

45 = p*0.09*1

P= 45/0.09

P= 500

Therefore, The sum borrowed is Rs.500.