Question

on a certain sum the interest paid after3 years is Rs.750 at 5% rate of interest per year. find the sum

Answer 1

Step-by-step explanation:

Interest=450

Rate=5%

Time=3years

Principle=?

Principle=(Interest×100)/(Rate×Time)

=(450×100)/(5×3)

=

15

45000

=3000

therefore

sum paid after 3 years=3000+450=3450