std 7 banks ans simple interest
Lataben borrowed some money from a bank at a rate of 10 p.c.p.a .
interest for 2 and half years to start a cottage industry .
If she paid 10250 rupees as total interest .
How much money did she borrowed from bank
Answers
Answered by
0
Answer:
She borrowed from bank 41000 rupees.
Step-by-step explanation:
given rate r = 10 p.c.p.a
time t = 2 and half year = 2 and 1/2 = 5/2 year
interest = 10250
we know formula of simple interest
simple interest = (P×r×t)/100
put given values
10250 = (P×10×5/2)/100
solving this
10250 = P/4
P = 41000
capital money P = 41000 rupees
Answered by
0
let,
rate =10%= 1\10
1000x
/ | \
/ | \
100x 100x 50x
total interest on 1000 at 10% in 2.5year is 250
therefore 250x = 10250
x = 10250/250
x = 41
therfore 1000x = 1000×41
41000answer
Similar questions