Example 14 - Anita takes a loan of Rs 5,000 at 15% per year as rate of - Examples

Remove Ads
Teachoo ยท Class 7 Explore Class 7

Transcript

Example 14 Anita takes a loan of Rs 5,000 at 15% per year as rate of interest. Find the interest she has to pay at the end of one year. P = Rs 5000 R = 15% p.a T = 1 year S.I = ๐‘ƒ๐‘…๐‘‡/100 = (๐Ÿ“๐ŸŽ๐ŸŽ๐ŸŽ ร— ๐Ÿ๐Ÿ“ ร— ๐Ÿ)/๐Ÿ๐ŸŽ๐ŸŽ = 50 ร— 15 = Rs 750 โˆด Anita has to play Rs 750 as interest at the end of one year

Davneet Singh's photo - Co-founder, Teachoo

Made by

Davneet Singh

Davneet Singh is an IIT Kanpur graduate and has been teaching for 16+ years. At Teachoo, he breaks down Maths, Science and Computer Science into simple steps so students understand concepts deeply and score with confidence.

Many students prefer Teachoo Black for a smooth, ad-free learning experience.