Mr Arnav lent a sum of rupees 7.5 % per annum simple interest and received and interest of rupees 2700 in 5 year . find sum
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Answer:
Rs 600
⇒ S.I. for 2 years = Rs. 720.
⇒ S.I. for 7 years = Rs. 1020
∴ S.I. for 5 years = Rs. 1020− Rs. 720= Rs. 300.
⇒ S.I. for 2 years =
5
300
×2=Rs.120
⇒ Principal=720−120=Rs.600
so , Rs . 600 is the correct answer
Step-by-step explanation:
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