Question

sushil Kumar borrowed a loan on his policy at 9% per annum. if he paid rupees 594 as interest after 2 whole 1 by 2 years, find the sum of loan borrowed by him.
answer:
given, Simple Interest= rs 594, Time=2*1/2, Rate= 9%
P =SI×100= R×T
=594×100=9×5/2
594×100×2=9×5
66×20×2=rs 2640
Hence, Sushil borrowed rs 2640.​

Answer 1

Answer:

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