Math, asked by kmaaz7000, 3 months ago

On what sum of money , the interest amount to 75 for 3 yr at the rate of 5 percent per annum?

Answers

Answered by ishaq1919ad

4

Answer:

Interest earned = 75

Time = 3 Years

Rate of interest = 5 percent

Interest earned = Principal x Time x Rate of Interest / 100

75 = Principal x 3 x 5 / 100

Principal = 75 x 100 / 15 = 500

The Actual amount was 500

Step-by-step explanation:

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