Question

on a certain sum the interest paid after 15 months is RS 150 at 5% rate of interest per annum the sum is
(a) RS 11250
(b) RS 11.250
(c) RS 2400
(d) RS 200​

Answer 1

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Answer 2

$\huge \pink{ \mathtt{ \underline{ \underline{ \overline{ |Question:-| }}}}}$

on a certain sum the interest paid after 15 months is RS 150 at 5% rate of interest per annum the sum is

$\huge \bold{ \underline{ \underline{Given:-}}}$

$Interest =Rs.150$

$Time=15 months = \frac{15}{12} years$

$Rate \: of \: Interest = 5\%$

$Principle = ?$

$Principle = \frac{interest \times 100}{rate \times time}$

$Principle = \frac{150 \times 100 \times 12}{5 \times 15}$

$\implies \: Rs.24,000$

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