Question

On a certain sum the intrest is paid after 3 years is rupee 450 at 5 percent rate of interest per annum find the sum

Answer 1

SI=P.R.T/100
Given: T=3yrs
SI=450 Rs
R=5% p.a.
So, 450=P(5*3)/100
450*100=15P
45000=15P
P=3000 Rs