Surekha took a loan from Yusuf at the rate of 6 percent per annum SI. She returned rupees 7000 to Yusuf after 2 years. Find the amount she took as loan.
Answers
Answered by
4
Answer:
Amount she should take as loan =6250
Step-by-step explanation:
Let princpal =X
Amount = 7000
Time = 2 years
Rate. = 6%
SI =(PxRxT)/100
Amount = Princpal +SI
7000 = X+(Xx6x2)/100
7000 = (100X + 12X)/100
700000=112X
X =700000/112
X = 6250
Amount she should take as loan =6250
Similar questions