Question

Q.6 The simple interest on a certain sum at 5% per annum in 3 years is 600. Find the sum.​

Answer 1

Answer:

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Answer 2

Step-by-step explanation:

=SI=P×R×T\100

=600=P×5×3/100

P=600×100/5×3=4,000

now taking P=4,000,T=3years and R=5%

=A=4,000×(1+5/100)3

A=4,000×(21/20)3

A=4,000×9261/8,000=4,3630.50

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