Question

A sum fetched a total simple interest of
5409 at the rate of 9% in 5 years. What is
the sum?​

Answer 1

Answer:

8925 is the answer

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Answer 2

Given:

A sum fetched a total simple interest of 5409 at the rate of 9% in 5 years. What is the sum?​

To find:

The sum

Solution:

We know,

$\boxed{\bold{Simple \:Interest = \frac{P\times R\times T}{100} }}$

Here we have,

The simple interest, S.I. = Rs. 5409

The rate of interest, R = 9%

The no. of years, T = 5 years

Let "P" be the sum of money.

On substituting the given values in the formula above, we get

$5409 = \frac{P\times 9\times 5}{100} }}$

$\implies 5409 \times 100 = P\times 45$

$\implies 540900 = P\times 45$

$\implies P = \frac{540900}{45}$

$\implies \bold{P = 12020}$

Thus, the sum is → Rs. 12020.

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