Solve the following problems.

Prakash borrowed a sum of Rs. 5,000 from his friend as loan at 5% p.a simple interest. If he pays Rs. 5,250 out of the total amount and gives a radio for the balance amount after 2 years, what is the cost of the radio?

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Solution

Amount,

Therefore, the cost of the radio is .

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Solve the following problems. Prakash borrowed a sum of Rs. 5,000 from his friend as loan at 5% p.a simple interest. If he pays Rs. 5,250 out of the total amount and gives a radio for the balance amount after 2 years, what is the cost of the radio?

Amount, Therefore, the cost of the radio is .

Solve the following problems.

Prakash borrowed a sum of Rs. 5,000 from his friend as loan at 5% p.a simple interest. If he pays Rs. 5,250 out of the total amount and gives a radio for the balance amount after 2 years, what is the cost of the radio?

Amount,

Therefore, the cost of the radio is .