If the interest on a certain sum during 6 months with 10%
per annum is Rs. 130, find the sum. (Ans: Rs. 2600)
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Given :- the interest on a certain sum during 6 months with 10% per annum is Rs. 130, find the sum.
Answer :-
Let the sum is Rs.P .
so,
→ Interest = (P * rate * time)/100
we have,
- Rate = 10% per annum
- Time = 6 months = (6/12) = (1/2) years .
- interest = Rs.130
putting given values we get,
→ 130 = (P * 10 * 1)/100 * 2
→ 130 * 200 = 10P
→ 13 * 200 = P
→ P = Rs.2600 (Ans.)
Hence, The sum is Rs.2600 .
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