Question

Find the sum of money on which the Interest equals.
₹13875 in 5 years at the interest rate of 6% per annum.​

Answer 1

Answer:

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Answer 2

Answer:

the sum of money is ₹ 46,250

Step-by-step explanation:

Let the sum of money I.e principal be ×

Given S.I =13,875

Time (T) = 5 years

Rate ( R) = 6%

We know that

S.I = P×R×T/100

= 13,875 = x × 6×5/100

=30×/100

=3×/10

=3 × = 1,,38,750

= x = 1,38,750/3 = 46,250