Zenia borrowed some money from a bank at a rate of 10 PCPA for 2 and half years to start a business if she paid rupees 10,250 as total interest, how much money has she borrowed
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Answer:
41000
Step-by-step explanation:
Here, R = 10 p.c.p.a, T = 2.5 years, I = Rs 10250 Total interest = (P x R x T)/100 ∴ 10250 = (P x 10 x 2.5)/100 ∴10250 = (P x 25)/100 ∴ (10250 x 100)/25 = P ∴ P = Rs. 41000 .. zenia had borrowed an amount of Rs. 41000 form the bank.
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