Q11Written answer
Meena gives an interest of ₹ 45 for one year at 9% rate p.a. What is the sum she has borrowed?
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Worked solution
Solution:-
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.
Disclaimer:
Dropped Topics – 8.1 Introduction and 8.2 Equivalent ratios.
