A sum when reckoned at 6% per annum simple interest amount to RS.4130 in 3 years . Find the sum plzz help me first plz plzz plz
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Answer:
4130/9 is the answer। hopit helps.
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To Find :-
The Sum of Money of the Principal.
Given :-
- Amount = ₹ 4130
- Time = 3 years
- Rate of interest = 6 % p.a.
We Know :-
SimPle Interest :
Where :-
- SI = Simple Interest
- P = Principal
- R = Rate of interest
- t = Time period
Concept :-
Let the Principal be P and Simple Interest be I.
We know that ,
→ A = P + SI
Substituting the value of Amount and the taken Variable for the principal (i.e P) , we get :
→ ₹ 4130 = P + I
→ ₹ 4130 - P = I
→ l = ₹ 4130 - P
Hence ,
- The Principal is ₹ P , and
- Simple Interest is ₹ (4130 - P).
Solution :-
We Know :
- Principal = P
- Simple Interest = (4130 - P)
- Rate of interest = 6 % p.a.
- Time Period = 3 years.
Using the formula for simple Interest , and by substituting the values in it , we get :
Hence, the sum of money or the Principal is ₹ 3500.
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