a man earns rs. 450 as an interest in 2 years on a certain sum invested with a company at the rate of 12% per annum. what amount of sum was invested by the man in the company?
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Answered by
10
interest= Rs.450
rate of interest = 12% per annum
time period = 2 years
sum( principal)= 100*interest/time period * rate of interest
=>100*450/2*12
=>45000/24
=1875
rate of interest = 12% per annum
time period = 2 years
sum( principal)= 100*interest/time period * rate of interest
=>100*450/2*12
=>45000/24
=1875
Answered by
1
p 450
t 2 years
r 12%
si - p×r×t/100
si-450×2×12/100
si-108
A- p+si
A-450+108
A-558 is answer
t 2 years
r 12%
si - p×r×t/100
si-450×2×12/100
si-108
A- p+si
A-450+108
A-558 is answer
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