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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 = 𝑃𝑅𝑇/100 45 = (𝑃 Γ— 9 Γ— 1)/100 45 Γ— 100 = 9P 9P = 45 Γ— 100 9P = 4500 P = 4500/9 P = Rs 500 So, she has borrowed Rs 500

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