10. What sum of money will amount to 1472 in 3 years at 5% per annum?
Answers
Answered by
1
I am assuming that this a simple interest sum,
The sum of money is the principal
So,
S.I = P* T*R/100
1472 = P * 3* 5/100
On further solving you will get,
P = Rs.9813.3
Hope it helps
The sum of money is the principal
So,
S.I = P* T*R/100
1472 = P * 3* 5/100
On further solving you will get,
P = Rs.9813.3
Hope it helps
Answered by
0
1692.8
Step-by-step explanation:
Interest = PTR/100
= 1472*3*5/100
= 220.8
Interest + principal= amount
220.8 + 1472= 1692.8
Amount= 1692.8
hope it helps you
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