In case of simple interest, P = ₹4600; Amount = ₹5600 (at the end of 2 years ), then interest = ₹ ______ .
In simple interest, P = ₹ 4600 ; Amount = ₹ 5600 (at the end of 2 years ),then interest = ₹ ______
Sumita took a loan at simple interest rate of 5% in the first year and it increased of 2% p.a. every year. If she pays Rs. 9000 as interest at the end of 4 years what was her loan amount?