A loan of ₹10000 is to be paid back by 4 equal annual installments. If the rate is 10℅ simple interest...
-5
I am a bit confused regarding this problem. Please can anyone provide me a detailed solution!
arithmetic
put on hold as off-topic by Travis, Saad, gammatester, José Carlos Santos, Eevee Trainer Dec 26 at 9:24
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If this question can be reworded to fit the rules in the help center, please edit the question.
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-5
I am a bit confused regarding this problem. Please can anyone provide me a detailed solution!
arithmetic
put on hold as off-topic by Travis, Saad, gammatester, José Carlos Santos, Eevee Trainer Dec 26 at 9:24
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "This question is missing context or other details: Please provide additional context, which ideally explains why the question is relevant to you and our community. Some forms of context include: background and motivation, relevant definitions, source, possible strategies, your current progress, why the question is interesting or important, etc." – Travis, Saad, gammatester, José Carlos Santos, Eevee Trainer
If this question can be reworded to fit the rules in the help center, please edit the question.
1
What have you tried?
– Prakhar Nagpal
Dec 26 at 9:06
I can't understand how to proceed
– Abhishek Ghosh
Dec 26 at 9:09
Alright, do you know how to calculate the amount extra he will pay using $frac{PRT}{100}$
– Prakhar Nagpal
Dec 26 at 9:09
Yes I do know that
– Abhishek Ghosh
Dec 26 at 9:11
1
The question doesn't say, but I assume the time between each payment is to be equal as well. Also, it should state over what period the "10% simple interest" is for, although I assume it is to be per year.
– John Omielan
Dec 26 at 9:28
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show 1 more comment
-5
-5
-5
I am a bit confused regarding this problem. Please can anyone provide me a detailed solution!
arithmetic
I am a bit confused regarding this problem. Please can anyone provide me a detailed solution!
arithmetic
arithmetic
edited Dec 26 at 9:30
asked Dec 26 at 9:01
Abhishek Ghosh
16
16
put on hold as off-topic by Travis, Saad, gammatester, José Carlos Santos, Eevee Trainer Dec 26 at 9:24
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "This question is missing context or other details: Please provide additional context, which ideally explains why the question is relevant to you and our community. Some forms of context include: background and motivation, relevant definitions, source, possible strategies, your current progress, why the question is interesting or important, etc." – Travis, Saad, gammatester, José Carlos Santos, Eevee Trainer
If this question can be reworded to fit the rules in the help center, please edit the question.
put on hold as off-topic by Travis, Saad, gammatester, José Carlos Santos, Eevee Trainer Dec 26 at 9:24
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "This question is missing context or other details: Please provide additional context, which ideally explains why the question is relevant to you and our community. Some forms of context include: background and motivation, relevant definitions, source, possible strategies, your current progress, why the question is interesting or important, etc." – Travis, Saad, gammatester, José Carlos Santos, Eevee Trainer
If this question can be reworded to fit the rules in the help center, please edit the question.
1
What have you tried?
– Prakhar Nagpal
Dec 26 at 9:06
I can't understand how to proceed
– Abhishek Ghosh
Dec 26 at 9:09
Alright, do you know how to calculate the amount extra he will pay using $frac{PRT}{100}$
– Prakhar Nagpal
Dec 26 at 9:09
Yes I do know that
– Abhishek Ghosh
Dec 26 at 9:11
1
The question doesn't say, but I assume the time between each payment is to be equal as well. Also, it should state over what period the "10% simple interest" is for, although I assume it is to be per year.
– John Omielan
Dec 26 at 9:28
|
show 1 more comment
1
What have you tried?
– Prakhar Nagpal
Dec 26 at 9:06
I can't understand how to proceed
– Abhishek Ghosh
Dec 26 at 9:09
Alright, do you know how to calculate the amount extra he will pay using $frac{PRT}{100}$
– Prakhar Nagpal
Dec 26 at 9:09
Yes I do know that
– Abhishek Ghosh
Dec 26 at 9:11
1
The question doesn't say, but I assume the time between each payment is to be equal as well. Also, it should state over what period the "10% simple interest" is for, although I assume it is to be per year.
– John Omielan
Dec 26 at 9:28
1
1
What have you tried?
– Prakhar Nagpal
Dec 26 at 9:06
What have you tried?
– Prakhar Nagpal
Dec 26 at 9:06
I can't understand how to proceed
– Abhishek Ghosh
Dec 26 at 9:09
I can't understand how to proceed
– Abhishek Ghosh
Dec 26 at 9:09
Alright, do you know how to calculate the amount extra he will pay using $frac{PRT}{100}$
– Prakhar Nagpal
Dec 26 at 9:09
Alright, do you know how to calculate the amount extra he will pay using $frac{PRT}{100}$
– Prakhar Nagpal
Dec 26 at 9:09
Yes I do know that
– Abhishek Ghosh
Dec 26 at 9:11
Yes I do know that
– Abhishek Ghosh
Dec 26 at 9:11
1
1
The question doesn't say, but I assume the time between each payment is to be equal as well. Also, it should state over what period the "10% simple interest" is for, although I assume it is to be per year.
– John Omielan
Dec 26 at 9:28
The question doesn't say, but I assume the time between each payment is to be equal as well. Also, it should state over what period the "10% simple interest" is for, although I assume it is to be per year.
– John Omielan
Dec 26 at 9:28
|
show 1 more comment
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1
What have you tried?
– Prakhar Nagpal
Dec 26 at 9:06
I can't understand how to proceed
– Abhishek Ghosh
Dec 26 at 9:09
Alright, do you know how to calculate the amount extra he will pay using $frac{PRT}{100}$
– Prakhar Nagpal
Dec 26 at 9:09
Yes I do know that
– Abhishek Ghosh
Dec 26 at 9:11
1
The question doesn't say, but I assume the time between each payment is to be equal as well. Also, it should state over what period the "10% simple interest" is for, although I assume it is to be per year.
– John Omielan
Dec 26 at 9:28