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Byju's Answer
Standard VII
Mathematics
Sum / Principal
If meena give...
Question
If meena gives an interest of Rs.
45
for one year at
9
%
rate p.a. What is the has borrowed ?
A
Rs.
450
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B
Rs.
480
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C
Rs.
500
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D
Rs.
550
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Solution
The correct option is
C
Rs.
500
Let the amount, Meena has borrowed
=
P
=
Principal
Interest of one year
=
R
s
.
45
Rate,
r
=
9
% per annum
Time,
t
=
1
year
Simple Interest
=
P
×
r
×
t
100
45
=
P
×
9
×
1
100
9
P
=
4500
P
=
R
s
.
500
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