Question

8. The simple interest on a certain sum for 1 year at 12% per annum is 34800. Find the sum.​

Answer 1

Answer:

4176

Step-by-step explanation:

SI = (P×R×T)/100

SI = (34800×12×1)/100

SI = 348×12

SI = 4176

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Answer 2

Given :

⬤ Time Taken = 1 year .

⬤ Rate of Interest = 12% .

⬤ Simple Interest = Rs. 34800 .

To Find :

⬤ Sum .

Formula Used :

$\bf[\:{Simple \: Interest = \dfrac{P\times{R} \times{T}}{100}}\:]$

• P = Principal
• R = Rate
• T = Time

Solution :

According to the Formula :-

34800 = P × R × T/100

34800 = P × 12 × 1/100

3480000 = 12P

3480000/12 = P

290000 = P

Therefore , The Sum is 290000 .

Check :

34800 = P×R×T/100

34800 = 290000 × 12 × 1/100

34800 = 34800

Hence Checked