Find the sum which will earn a simple interest of ₹2640 in 3 years at 7 1/3% rate of interest per annum
Answers
Answered by
5
Step-by-step explanation:
let principal be X
simple interest=p×r×t/100
2640= X×71×3/100×3
= X×71/100
2640×100/71 = X
3718.30=X
Answered by
11
Step-by-step explanation:
Find the sum which will earn a simple interest of ₹2640 in 3 years at 7 1/3% rate of interest per annum.
We know
SI= (PxRxT)/100
So,
2640= (Px22/3x3)/100
2640=Px22/100
2640x100/22 =P
12000=P
Thus, wanted sum is 12000.
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