Question

Satish took a loan at simple interest rate of 10%. After 4 years, it amounts to ₹3,500. What was the loan amount?

Answer 1

answer:

Step-by-step explanation:

a=pnr/100

p=?

n=4

y=4

3500-p = p*10*4/100

350000-100p=40p

350000=140p

35000=14p

p=2500