Question

On what sum of money. the interest amounts to 75 for 3 yr at the rate of 5% per annum?​

Answer 1

Answer:

500 , see steps below

Step-by-step explanation:

let the amount be x rupees

using formula

$smple \: interest \: = \: \frac{prt}{100}$

put SI = 75

P = x

R = 5

T = 3

We get,

$75 = \frac{x \times 5 \times 3}{100}$

-->

$x = \frac{75 \times 100}{5 \times 3}$

$x = \frac{7500}{15}$

$x = 500$

so amount is 500 rupees.