If Meena gives an interest of ₹ 45 for one year at 9% rate p.a. What is the sum she has borrowed?
Harshit Singh
5 Years agoGrade 12th pass
1 Answer
Harshit Singh
5 Years ago
Dear Student
From the question it is given that, SI =₹45, R = 9%, T = 1 year, P =? SI = (P × R × T)/100 45 = (P × 9 × 1)/ 100 P = (45 ×100)/ 9 = 5 × 100 =₹500 Hence, she borrowed₹500.