A certain sum at simple interest amounts to Rs1350 in 5 years to Rs1620 in 8years .What is the sum?
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Answer:
RS.900
Step-by-step explanation:
Given, A1 = RS.1350, A2 = RS. 1620
T1 =5yr and T2 = 8yr
Let principal amount be RS. P.
In time = 8-5=3yr
Simple interest will be
1620 - 1350 = RS.270
R= (A1−A2)×100A1T2−A2T1
= (1620−1350)×100(1350×8−1620×5)
= 270×10010800−8100=270002700
=> R=10%
P=SI×100R×T=270×10010×3=RS.900
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