Question

14. The sum that will yield an interest of ₹36 in 3 years at 3% per annum is

(a) ₹ 1200 (b) ₹ 400

(c) ₹ 32.40 (d) None of the above​

Answer 1

14. The sum that will yield an interest of ₹36 in 3 years at 3% per annum is

(a) ₹ 1200 (b) ₹ 400

(c) ₹ 32.40 (d) None of the above

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Answer 2

Given:-

Time (T) = 3 years

Rate (R) = 3% per annum

Simple Interest (SI) = Rs. 36

Formula Used:-

Simple Interest

= PxRxt

-----------

100

Solution:-

$= 36 = \frac{x \times 3 \times 3}{100} \\ = x = \frac{3600}{9} \\ = x = 400$

The principal sum = Rs. 400