Question

7. A certain sum of money at simple interest amounted rs.840 in 10 years at 3% per annum, find the su

Answer 1

Answer:

646.15

Step-by-step explanation:

Formula: SI = (p * r * t)/100

Here,

SI = 840 - p

840 - p = (p * 3 * 10)/100

or, 840 - p = 3p/10

or, 8400 - 10p = 3p

or, 13p = 8400

or, p = 646.15