Question

A simple interest of Rs.3240 is received after 3 years on a certain principal at the rate of 9% p.a., find the principal amount.​

Answer 1

Answer:

₹12000

Step-by-step explanation:

let the principal amount be y

we know

SI=Px Rx T

3240=y x 9/100x3

y=(3240x100) /27

y=12000

Answer 2

Answer:

Rs. 12000

Step-by-step explanation:

let the principal amount be X .

we know that,

SI=P×R×T

3240=x × 9/100×3

x=(3240×100)/27

x=12000