Question

A certain sum of money was invested at

simple interest at a certain rate for 6 years.

Had it been invested at 3% higher rate, it

would have yielded Rs. 900 more. What was

the principal invested​

Answer 1

Answer:

SI= PRT/100

900X100/3X6=P

rupees 5000=P

Answer 2

Answer:

S.I = p*i*N

900= p* 0.03*6

900÷ 0.18 = p

p= ₹5000