A sum of money amounts to Rs. 1500 in 5 years at 10% per annum at simple interest. Find the sum. Options
(1) Rs. 1200
Rs. 1000
Rs. 900
Rs. 1100
Answers
Answered by
9
Answer:
Rs. 1,000
Step-by-step explanation:
P = x
T = 5 years
R = 10% p.a.
SI = PRT/100
500 = P*5*10/100
50000/50 = P
1000 = P
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