Question

umesh borrowed some money 5 years at simple interest rate of interest 9 p.c.p.a if he received 17400 altogether at end of 5 how much he had borrowed ​

Answer 1

Answer:

umesh borrowed some money for 5 years at simple interest the rate of interest is 9 p.cq.p.a if he returned rupees 17,400 altogether at the end of 5 years how much had he borrowed 0

Answer 2

Given - Amount, rate of interest and time

Find - Principal

Solution - The principal amount is Rupees 12000.

The formula to be used for calculation is - Simple Interest = Principal*rate of interest*time/100.

Calculating the amount of interest -

Amount = Principal + Interest

17400 - Principal = Interest

Calculating principal -

Keep the values in the formula to find the value of the principal amount borrowed.

P = (17400 - P)*100/(9*5)

45*P = 1740000 - 100*P

45P + 100P = 1740000

145P = 1740000

P = Rupees 12000

Thus, the principal amount is Rupees 12000.