Saima borrowed some money at 15% rate of interest and clear the Debt at the end of 2 years by paying rupees 92 400.Find the sum borrowed.
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Answered by
2
Answer:
sum borrowed =PTR/100
P=92400
R=15%
T=2
= 92400 x 2 x 15 /100
= 924x2x15
=31860x2
=27720
therefore sum borrowed is 27720
Step-by-step explanation:
Answered by
33
compound amount=p(1+r/100)
p(1+15/100)² ruppes
=p(115/100)² ruppes
=p(23/20)² ruppes
=p×23/20×23/20=92400
or,p=92400×20×20/23×23=69868 ruppes (approx)
sum that borrowed=69868 ruppes (approx)
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