Math, asked by sodhipoonam15, 11 months ago

2 What sum will amount to ₹13500 in 7 years at rate of 5percent per annum simple interest?​

Answers

Answered by parthamk2006
0

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Answered by PoojaBurra
0

Principal amount will be Rs. 10,000.

Given - Amount, time and rate

Find - Principal

Solution - Simple interest = Principal*Rate*Time/100

Amount = Principal + Interest

Principal = 13500 - Interest

I =  \frac{(13500 - I)*5*7}{100}

100 I =  (13500 - I)*35

100I = 472500 - 35I

100I + 35I = 472500

135I = 472500

I =  \frac{472500}{135}

I = 3500

So, Principal = 13500 - 3500

Principal = Rs. 10,000

Hence, the sum will be Rs. 10,000.

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