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Ex 8.3, 11 - If Meena gives an interest of Rs 45 for one year at 9%

Ex 8.3, 11 - Chapter 8 Class 7 Comparing Quantities - Part 2


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Ex 8.3, 11 If Meena gives an interest of Rs 45 for one year at 9% rate p.a. What is the sum she has borrowed? I = Rs 45 T = 1 year R = 9% p.a P = ? Now, I = ๐‘ƒ๐‘…๐‘‡/100 45 = (๐‘ƒ ร— 9 ร— 1)/100 45 ร— 100 = 9P 9P = 45 ร— 100 9P = 4500 P = 4500/9 P = Rs 500 So, she has borrowed Rs 500

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