Question

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

Answer 1

Answer:

Step-by-step explanation:

let x be the amount paid

so,interest for 1 year=5%OF x

                                  =5/100*x

                                  =5x/100

interest for three years=5x/100*3

                                     =15x/100

 interest paid for three years=15x/100

                                      450=15x/100

                                           x=3000

so the original amount is 3000