Question

1-. On what sum of money lent out at 9% per annum simple interest for 6 years does the simple interest amount to 810 .please answer immediately.......​

Answer 1

Answer:

540................

Answer 2

In the above question, it is given that,

The given equation is the rate of interest 9%.

Lent year =6 Years

Simple Interest on the amount is =Rs810

We need to find the sum of money lent that is the Principal amount.

Thus, the formula of Simple Interest is below,

$SI=\frac{PRT}{100} \\SI\times 100=PRT\\\frac{SI\times 100}{RT}=P\\P=\frac{SI\times 100}{RT}$

Putting the value in SI equation we get,

$P=\frac{810\times100}{9 \times 6}\\\\P=\frac{81000}{54}\\P=Rs.1500$

Hence the money is Rs.1500