Question

Ritu borrowed some money at 12% per annum. She had to pay 180 as interest after 3 years. What sum
did she borrow? explain with word promblem​

Answer 1

Answer:

P= S.I×100÷Rate×Time

=P=180×100÷12×3

=500

Check, S.I=P×R×T÷100

=500×12×3÷100

=Rs.180

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