If Meena gives an interest of Rs. 45 for one year at 9% rate p.a. What is the sum she has borrowed?

It is given that,


Rate (R) = 9 % p.a.


Time (T) = 1 years


S.I = Rs 45


We know that,


Simple interest (S.I) =


Therefore,


45 =


So, P =


= Rs 500


Hence,


She borrowed Rs 500


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