Question

Find the principal when :
(ii) simple interest at 7 1/2% per annum for 2 years 4 months is rupees2730.​

Answer 1

I hope this helps. :)

Sub CV Shiksha on YT.

Answer 2

Answer:

Principal = ₹15,600

Step-by-step explanation:

Rate = 7½% = 15/2%

Time = 2 years 4 months

= [2 + 1/3] years

= (6+1)/3 years

= 7/3 years

Simple Interest = ₹2,730

Principal = ?

S.I. = (P×R×T)/100

2,730 = (P×15×7)/(2×3×100)

2,730×2×3×100 = (P×15×7)

16,38,000 = P × 105

P = 16,38,000/105

P = 15,600

Principal = ₹15,600