Question

simple interest on a certain sum 3 years at 10% per annum is rs829.50 find the sum

Answer 1

hello Frnd

Let the principal amount = X

Time = 3 yrs
Rate = 10%
Simple Interest = 829.50

As we know

Simple Interest = P × R/100 × T

829.50 = X × 10/100 × 3

829.50 = 3X/10

X = 2765

Hence the principal Amount = 2765


hope it helps
#jerri