Question

A certain sum of money amounts to 1416 rupees in 3 years at 6% p.a. rate of interest. Find the sum

Answer 1

Answer:

$si = \frac{prt}{100} \\ \frac{1416 \times 3 \times 6}{100 } \\ = 254.88 \\ total \: amount \: shoud \: be \: payed = 1416 + 254.88 = 1670.88$

- Brunda G