Math, asked by nayakatishay7888, 1 year ago

Rs 5000 paid for ten years to off a loan. What is the amount if interest rate be 14%

Answers

Answered by jkhenchi

0

Answer:

5000=SI+P

SI=P×14×10/100

100SI= 140P

10SI=14P ,SI=14P/10

put in first equation

5000=14P/10 +P

50000=14P+10P

50000=24P

P=50000/24=2083.33

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