Question

on a certain sum the interest paid after 3 years is Rupees 450 at 5% per annum find the sum

Answer 1

Let the principal be x
x×3×5/100=450
3/20x=450
x=450×20/3
=3000

So sum is 3000

hope it helps

Answer 2

Interest = ₹450

Time = 3 years

Rate = 5%

I = P x R x T / 100

P = I x 100 / R x T

P = 450 x 100 / 5 x 3

P = ₹3000



Hope it helps :)

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