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#
#Please help me to solve this question#
Answers
Answered by
oobleck
clearly, if the original loan principal was P, then
1.15P = 30000
...
1.15P = 30000
...
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