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Asked by kevi

Revocatus paid back 30,000 shillings to the bank after 1 year. Find the amount of the loan if the bank charges 15% per year.

#Please help me to solve this question#
6 years ago

Answers

Answered by oobleck
clearly, if the original loan principal was P, then
1.15P = 30000
...
6 years ago

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