Aatif paid Rs.450 as interest for the borrowing of Rs. 4500 @ 1%. What was the period of the loan?
Aatif paid Rs.450 as interest for the borrowing of Rs. 4500 @ 1%. What was the period of the loan? I = 450, P = 4500, r = 1%, t = ? Using Simple Interest formula: I = Prt t = I Pr t = 450 × 100 4500 × 1 t = 10
I = 450, P = 4500, r = 1%, t = ?
Using Simple Interest formula: I = Prt
t = I Pr
t = 450 × 100 4500 × 1
t = 10
1297 MCQ for effective preparation of the test of Interest of Word Problems section.
Read the MCQ statement: Aatif paid Rs.450 as interest for the borrowing of Rs. 4500 @ 1%. What was the period of the loan? , keenly and apply the method you have learn through the video lessons for Interest to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 221-12988.