Question

A sum of money will amount to ₹2760 in 3 years at 5% per annum simple interest ?​

Answer 1

HEY MATE,ACC. TO UR QUESTION,

Let principal = x

SI = PRT/100

2760 = 15x/100

x = 2400.

Answer 2

Answer :

Principal will be Rs 24,00

Method :-

Given :+

Rate of interest per annum = 5%

Time = 3 year.

Amount = 2760

Have to Find

Principal = ?

Solution :-

Using formula

Principal :- (100 ×A /100 +TR )

Substituting the values in the above formula, we get :-

= 100 × 2760 / 100 + ( 3 × 5 )

= 100 × 2760 / 115

Principal = $Rs \:2400$