A sum when reckoned at simple interest at 9% per annum amounts to Rs. 1416 2 after 5 years. Find the sum paid
Answers
Answered by
13
Answer:
Let the annum be P
Let the annum be PA = P + SI
Let the annum be PA = P + SIA = P+ PRT/100
A = P(1+ 15×3/200)
⇒3920=P(\frac{2.45}{2})$$
⇒3920=P(\frac{2.45}{2})$$⇒ P=\frac{3920\times 2}{2.45}=3200RS
.
I hope this helps you.......
Similar questions