Question

A sum amounts to₹3605 in219 days at 5% per annum. The sum is option (a) ₹3250 (b) ₹3500 (c) ₹3400 (d) ₹3550. what is a correct answer.

Answer 1

Given:

A sum amounts to ₹3605 in 219 days at 5% per annum.

To find:

The sum

Solution:

Let "P" represents the sum of the money.

Amount, A = ₹ 3605

No. of years, T = $\frac{219}{365 } \:years$ ........ [since 1 year = 365 days]

The rate of interest, R = 5% p.a.

We know the formula of simple interest is as follows:

$\boxed{\bold{Simple \:Interest = \frac{PRT}{100} }}\\\\\boxed{\bold{Amount = Principal + Simple \:Interest }}$

Now, on substituting the values in the formula above, we get

$3605 - P = \frac{P\times 5 \times \frac{219}{365}}{100}$

$\implies 3605 = P + 0.03P$

$\implies 3605 = 1.03P$

$\implies P = \frac{3605}{1.03}$

$\implies \bold{P = 3500}$

Thus, the sum is → option (b) → ₹ 3500.

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Answer 2

Answer:

yashu

Step-by-step explanation:

Given:

A sum amounts