Question

(1) Find the sum which gives Rs. 1200 interest at 5% for 3 years.​

Answer 1

Answer

Let Principle amount be P

Interest is 1200

Time period is 3yrs

Rate is 5%

So 1200=

100

P×5×3

P=

15

1200

×100=₹8000

Answer 2

Answer:

principal-₹1200, rate-5% , times years.

Simple interest- P× R× T÷100

simple interest-1200×5×3÷100

simple Interest-₹180