Unmesh borrowed some money for 5 years at simple interest. The rate of interest
IS 9 p.c.p.a. If he returned 17400 rupees altogether at the end of 5 years, how
much had he borrowed?
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7
Answer:
I=P*R*T
100
17400=p*9*5
100
17400=45p
100
cross multiply
17400*100=45p
1740000=45
divide both sides by 45
1740000=45p
45 45
p=3900
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