Question

QUESTION 5. If the simple interest on 1 point
the certain sum for 2 years at the rate
of 5% per annum is 3 4,000, then the
sum is:
O (a) * 46,000
O (b) 7 44,000
O (C) * 48,000
O (d) 340,000​

Answer 1

Answer:

Answer is option (D) 340,000

Step-by-step explanation:

SI=(PRT)/100

34000=(P*5*2)/100

34000=(10 P)/100

34000=P/10

Therefore,

P= 34000*10= Rs. 340,000