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4. Surekha took a loan from Yusuf at the atper annum S1,She returnedて741of 6%to Yusuf after 2 years. Find the amount shetook as loan |
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Answer» Interest for 1 year = 6% Interest for 2 years = 6 x 2 = 12% Find the loan amount: Payment of the loan = 100 + 12 = 112% Payment of the loan = $7000 112% = $7000 1% = 7000 ÷ 112 = $62.50 100% = 62.5 x 100 = $6250 |
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