a sum when reckoned at 7 whole1/2 % per annum amounts to ₹3920 in 3years. find the sum.
Plz give me the right answer with the solution
I will give him brainliest answer
Answers
Answer:
The rate of Interest is 7.5% therefore in 3 years the interest earned would be 2.5*3 = 22.5%. This is the interest portion and there's a principal (sum), which is originally 100%, thus the amount becomes 122.5%. Now this 122.5% is equal to 3920, therefore, 100% is equal to (3920/122.5)*100. This is nothing but 3200.
Step-by-step explanation:
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Answer:
It's a question of sequence….a question of definite cycle…
All I mean to say is, let's say
I have 100 rupees in my wallet and I lent it to one of my friend at 7.5% for 3 years.
After 3 years when he becomes a rich man, he returns a total sum of 122.5 rupees.
For a better understanding, we can say the above as:
100 rupees ( Principal) + 22.5 rupees (7.5 X 3 years)
= 122.5 rupees
But here as the problem states that after 3 years the amount is 3920 rupees.
So 122.5 unit = 3920 rupees
So 1 in unit = (3920/122.5)
1 unit = 32 rupees
So 100 unit ( which a lent initially to my friend) is equal to
= 100 X 32 = 3200 rupees
I can also post a picture of the solution if the story method seems to be too boring to you
Step-by-step explanation:
The rate of Interest is 7.5% therefore in 3 years the interest earned would be 2.5*3 =22.5%.This is the interest portion and there's a principal (sum), which is originally 100%, thus the amount becomes 122.5%. Now this 122.5% is equal to 3920, therefore, 100% is equal to (3920/122.5)*100. This is nothing but 3200.