Question

Simple interest at 7 1/2% per annum for 2 years 4 months is ₹2730​

Answer 1

$\begin{gathered} {\huge\underline{\underline{\text{Solution:}}}} \\ \end{gathered}$

Simple Interest =

$\\ \frac{p\pi}{100 } \\ ⟶2730 = \frac{p \times 2 \frac{1}{3} \times7 \frac{1}{2} }{100} \\ p = \frac{2730 \times 100}{ \frac{7}{3} \times \frac{15}{2} } = \frac{2730 + \times 100 \times 3 \times 2}{7 \times 15} = 15.600$

Hence , Principal = Rs.15600

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Answer 2

Answer:

$\begin{gathered} {\huge\underline{\underline{\text{Solution:}}}} \\ \end{gathered}$

Simple Interest =

$\\ \frac{p\pi}{100 } \\ ⟶2730 = \frac{p \times 2 \frac{1}{3} \times7 \frac{1}{2} }{100} \\ p = \frac{2730 \times 100}{ \frac{7}{3} \times \frac{15}{2} } = \frac{2730 + \times 100 \times 3 \times 2}{7 \times 15} = 15.600$

Hence , Principal = Rs.15600

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