Question

find the sum that will earn uninterest of 2 10 rupees in 7 years at 5% rate p.a​

Answer 1

Answer:

Here,

I=Rs 170.10

T=2 years 3 months =2123 years =241 years=49 years

R=6%

Hence,

P=(R×T)(I×100)

=Rs 6×49170.10×100

On calculating further, we get,

P=Rs 6×9170.10×100×4=Rs 6×917010×4=Rs 3×917010×2=Rs 2734020=Rs 1260