Question

On what sum of money lent out at 9%per annum simple interest for 6yrs does the simple Naramount to₹810​

Answer 1

ANSWER :

I hOpE iT wiLL HeLp yOu : )

Answer 2

Answer:

Hence the sum of money lent is Rs.1500

Step-by-step explanation:

As per the data give in the above question.

It is given that the rate of interest is 9%.

For year 6 years,

Simple Interest is Rs.810

We have to find the money lent.

Thus, we have to use the formula of simple interest,

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

Substitute the value in above equation we get,

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