Question

A sum amounts to ₹3626 in 219 days at 6% per annum simple interest. The sum is
(a) ₹3000 (b) ₹3200 (c) ₹3500 (d) ₹3600

Answer 1

Answer:

P = 3500

Hope it will help you

Answer 2

Simple Amount (A) = Rs. 3626

Number of years(N) = 219 days = 219/365 = 0.6 years

Rate of interest(R) = 6%

Simple Amount (A) = P(1 + NR/100)

3626 = P(1 + 0.6 * 6/100)

3626 = P(1 + 3.6/100)

3626 = P(1 + 3.6/100)

3626 = P(1 + 0.036)

3626 = P(1.036)

P = 3626/1.036

P = 3500

Principal Amount = (c) Rs. 3500