Question

Dipankar invested a sum of money from March 2003 to March 2008 at the rate of 12% p.a. If the interest received is Rs. 1620, find the sum.​

Answer 1

Answer:

principal = 13500

Step-by-step explanation:

P= ?

R=12

N=5

I=1620

I = PRN/100

THEREFORE, PRINCIPAL = 13500

Answer 2

Answer:

Ans: 2700

Step-by-step explanation:

Let,

Principle= x

Rate= 12% p.a

Time= 5 years

A.P.Q,

=> (12*5*x)/100= 1620

=> x= (1620*100)/ 12*5

=> x= 2700

Thus total sum is Rs.2700.