please give me answer
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Answer:
Step-by-step explanation:
Simple Interest
S.I=P*R*T
P=principal=sum
R=rate of interest= 7½ %=7.5 %=0.075
T=time in year=3yrs
S.I=P*R*T
S.I = P*0.075*3=0.225P
Amount is given 3920
Amount=Principle +simple interest
3920=P+0.225P
3920=P(1+0.225)
3920=P(1.225)
3920/1.225=P
3200=P
P=sum= $3200
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