Question

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

Answer 1

I=PRN/100
450=P.5.3/100
45000/15
=3000

Answer 2

Here R=5 % T= 3 I = 450 we have to find P=? we know I = P× T×R/100 substitute the values and solve you get P= 3000