Question

on a certain sum the interest paid after 15 months is rs. 150 at 5 rate of interest p.a. the sum is

Answer 1

Answer:

Interest = ₹ 150

Time = 15 months 15 = 5 years

12 4

Rate = 5% p. a.

principal = p

S.I. = P × R × T

100

150 = P × 5 × 5

100 × 4

P = 100 × 4 × 150

5 × 5

P = 4 × 4 × 150

P = ₹ 2400