Question

Find the principal on which a simple interest of 55 will be obtained after 9 months at the rate of 3 2/3% per annum.
a/2000 b/1500 c/2100 d/180p​

Answer 1

Answer:

2000

Step-by-step explanation:

$simple \: interst \: = \frac{pnr}{100}$

p = principal

n = number of years = 9 months = 9/12 year

r = rate of interest = 3⅔% = 11/3%