Question

on a certain sum the interest paid after 3 years is Rs. 450 at 5% rate of interest per annum. Find the sum​

Answer 1

Answer:

On a certain sum the interest paid after 3 years is Rs 450 at 5% rate of interest per annum.

(i) Find the sum

(ii) Find the simple interest in 5 years

Step-by-step explanation:

Thats what i know...

Answer 2

Answer:

3450

Step-by-step explanation:

Interest=450

Rate=5%

Time=3years

Principle=?

Principle=(Interest×100)/(Rate×Time)

=(450×100)/(5×3)

= 45000/15

=3000

Therefore,

sum paid after 3 years=3000+450=3450