Math, asked by AnishNayak9377, 8 months ago

Ryan bought 15000 from a bank to buy a car at 10900 as interest while clearing the loan, find the time for which the loan was given

Answers

Answered by MohammadAkif
0

Step-by-step explanation:

principle = 15000

rate of interest = 10%

simple interest = 9000

Time = s.i × 100 / p × r

= 9000 × 100 / 15000 × 10%

= 9000 × 100 / 15000 × 10/100

= 9000 × 100 / 15000 × o.1

= 3/5 years Ans

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