Question

deepa invested a sum of money from march 2011 to march 2016 at the rate of 12℅ p.a. If the interest received is rs.1620, find the sum. pls ans fast i have exam tomorrow.

Answer 1

PTR/100=si
p×5×12=1620
p=1620/60
p=27

Answer 2

Sum of money invested = rs 2700

Step-by-step explanation:

deepa invested a sum of money from march 2011 to march 2016

Time = T = 5 Years

rate of interest = r = 12%

Sum of money invested = P

Simple Interest = 1620

SI = P × R × T /100

1620 = P × 12 × 5 / 100

P = 2700

Sum of money invested = Rs 2700

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