A simple interest on a certain sum for 3years and 6months at 16% per annum is rs3080. Find the sum.
Answers
Answered by
2
Answer:
Rs.5500
Explanation:
Simple Interest (SI) = Rs.3080
Rate (R) = 16% per annum
Time (T) = 3 years 6 months = 3½ years = 7/2 years
Let the sum be P.
SI = PRT/100
=> 3080 = P × 16 × 7/2 × 1/100
=> 3080 × 100/56 = P
=> P = 5500
Hence, the sum is Rs.5500.
Answered by
0
Answer:
5500
Step by step explanation:
Simple interest (SI) =Rs.3080
Rate (R=16%per annum
Time(T)=3 years 6 months =3/2+1 years
=7/2 years
Let the sum be p.
SI=PTR/10
=3080=P X 16 X 7/2 X 1/100
=3080=P X 112/2 X 1/100
=3080=P X 56 X 1/100
=3080=P X 56/100
=3080 X 100/56=P
=P=5500
Hence,the sum is Rs.5500.
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