Question

2.
2. What sum of money will amount to * 2832 at 19/2% p.a. in 5 years?
3. The simple interest on a certain sum for 1 years at 10% per annum is ?​

Answer 1

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3.The simple interest is given as Rs829.50 with the rate of 10% per annum for 3 years.

$S.I = \frac{p \times r \times t}{100}$

$829.50 = \frac{p \times 10 \times 3 }{100}$

$p = \frac{829.50 \times 100}{10 \times 3}$

$p = rs \: 2765$

Answer 2

Answer:

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