Question

find the sum borrowed by suma if she gives an interest of Rs. 7200 for 3 years at 8% p.a​

Answer 1

Answer:

3000

Step-by-step explanation:

Answer 2

Answer:

Rs. 30,000

Step-by-step explanation:

Let the Principle amount borrowed be "X"

The interest Paid at the rate 8% p.a for 3Yrs = Rs. 7200

we know that,

Simple Interest = PTR/100

7200 = P× 3 × 8 / 100

720000 = P× 3 × 8

P = 720000/24

P = 30,000

Therefore, Rs. 30,000 was borrowed by suma

Hope, this helped you. Pls mark this as brainlliest if it really helped you.