Surekha took a loan from Yusuf at the rate
of 6% per annum SI. She returned 7000
to Yusuf after 2 years. Find the amount
she took as loan.
Answers
Answered by
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Step-by-step explanation:
Surekha took loan at rate of 6%
interest for 2nd year =6×2=12%
Payment of the loan =Rs7000
A=Rs7000
R=6%
time =2year
7000=p(1+(0.06)(2))
7000=p(1.12)
p=Rs6250
surekha took of loan Rs6250
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