Nikhil borrowed some money
from a money Leader at 10% p. a He paid Rs. 3000 as Interest
after 2 year, How much
money did he borrow?
from a money Leader at 10% p. a He paid Rs. 3000 as Interest
after 2 year, How much
money did he borrow?
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Answer:
The explanation is provided in the image, attached above.
Hope this helps you.
Step-by-step explanation:
let principle = x
r = 10%
s.i = 3000 rs
t = ?
P = s.i x 100 / r x t
= 3000* 100 / 10 * 2
= 15000 rs
I hope , it's helpful