Question

On what sum of money lent out at 9% for 6 years does the simple interest amount to 810

Answer 1

SI= Rs 810
R%=9%
T=6 yrs

P=(100×I)/RT
=(100×810)/9×6
=(100×90)/6
=Rs 1500

Answer: Rs 1500

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Answer 2

Answer:

Therefore the sum of money lent is Rs.1500

Step-by-step explanation:

The given data in the above question,

It is given that the simple interest Rs.810

Rate of interest is 9%

Time 6 years.

we have to find the money lent.

$SI=\frac{PRT}{100} \\SI\times 100=PRT\\\frac{SI\times 100}{RT}=P\\P=\frac{SI\times 100}{RT}$

Substituting the value we get,

$P=\frac{810\times 100}{9\times 6}\\P=\frac{81000}{54} \\P= Rs.1500$