Question

Virar Virar borrowed some money from for five years from the bank at the interest at the interest the rate of interest is 9% if he returns rupees 17400 all together

at the end of 5 years? how much that he will borrowed?​

Answer 1

Answer:

t=5yrs.

r=9%p.a.

P=?

I= P×r×t/100

= P×9×5/100

= 9P/20

sum = P+I

17400=P+9P/20

17400=20P+9P/20

17400×20=29P

P= 17400×20/29

P= 600×20

•°• P= Rs. 12000

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