Surekha took a loan from yusuf at the rate of $6$ per annum SI. She returned Rs. $7, 000$ to yusuf after $2$ years. Find the amount she took as loan.

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Solution

Surekha took loan at rate of $6 %$
interest for 2nd year $= 6 \times 2 = 12 %$
Payment of the loan $= R s 7000$
$A = R s 7000$
$R = 6 %$
time $= 2 y e a r$
$\begin{matrix} 7000 = p (1 + (0.06) (2)) 7000 = p (1.12) p = R s 6250 \end{matrix}$
surekha took of loan $R s 6250$

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Surekha took a loan from yusuf at the rate of 6per annum SI. She returned Rs. 7,000 to yusuf after 2 years. Find the amount she took as loan.

Surekha took loan at rate of 6%interest for 2nd year =6×2=12%Payment of the loan =Rs7000A=Rs7000R=6%time =2year7000=p(1+(0.06)(2))7000=p(1.12)p=Rs6250surekha took of loan Rs6250

Surekha took a loan from yusuf at the rate of $6$ per annum SI. She returned Rs. $7, 000$ to yusuf after $2$ years. Find the amount she took as loan.

Surekha took loan at rate of $6 %$
interest for 2nd year $= 6 \times 2 = 12 %$
Payment of the loan $= R s 7000$
$A = R s 7000$
$R = 6 %$
time $= 2 y e a r$
$\begin{matrix} 7000 = p (1 + (0.06) (2)) 7000 = p (1.12) p = R s 6250 \end{matrix}$
surekha took of loan $R s 6250$