Unmesh borrowed some money for 5yrs at simple interest. The rate of interest is, p.c.p.a If he returned 17400 Rs altogether at the end of '5 yrs.how much had he borrowed
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Answer:
2000
Step-by-step explanation:
Let the principal be 'p'
Simple Interest = P*N*R/100
I = p*5*9/100
|= = 45p/100
Now,
Amount = Simple interest + Principal
17400 = 45p/100 + p
17400 = 100p + 45p/100
17400 = 145p/100
17400*100/145 = p
3480*100/29 = p
20*100 = p
2000 = p
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