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 solve this question and explain immediately........
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Answer:
The principal is ₹ 1472.72.
Step-by-step explanation:
Let the sum of money i.e., principal be x
Amount = 810
Therefore, Interest = Amount - Principal
= 810 - x
Principal = S.I × 100 / R × T
X. = 810 - x × 100 / 9 × 6
= 810 - x × 100 / 54
54x = 810 - x × 100
55x = 810 × 100
55x = 81000
X = 81000 / 55 = 1472.72(answer).
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As per the data give in the above question.
It is given that the rate of interest is 9%
Year of SI is 6 year,
Simple interest is Rs.810
We have to find the sum of money.
Thus, we have to calculate the money by Formula of SI,
Put the value in above equation we get,
Hence the sum of money lent is Rs.1500
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