# Answer on Algebra Question for savitha

Question #4933

If a farmer paid rs.2025 as interest over 3 years at 2% per annum to a moneylender, how much loan had the farmer taken?

Expert's answer

S=(1+ni)P

P=S/(1+ni)=2025/(1+0.02*3)=1910.38

P=S/(1+ni)=2025/(1+0.02*3)=1910.38

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