Ans. this question is 50,000
Question is:
What sum of money will produce interest of Rs.7500 in 3 years or 5% per annum?
Answers
Answered by
1
Answer:
Rs. 50,000 will produce interest of Rs. 7500 in 3 yrs. at 5% per annum.
Step-by-step explanation:
Given :
Simple Interest (S.I) = RS.7500
Time (t)= 3 yrs.
Rate (r) = 5% p.a
As we know that,
S.I = Prt /100 (Where P = Principal0
P = (S.I ×100) / (r × t)
= ( 7500 × 100 ) / ( 5 × 3 )
= 750000 / 15= 50,000
Answered by
0
Answer:
Rs 50,000 money will produce interest of Rs.7500 in 3 years or 5% per annum.
Step-by-step explanation:
Given:
Interest = Rs 7500, Time (N) = 3 years
Rate (R) = 5%
Find Sum of money
Formula
So, Sum of money is 50,000.
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