Question

Srinesh took a loan from a bank at the rate of 12 % p.a. simple interest. He had to pay ₹5,400 interest after a period of 3 years. What was the principal amount that he borrowed?​

Answer 1

Answer:

si

$si = (5400 \times12 \times 3) \div 100 \\ = 36 \times 54 \\ = 1944 \\ principal = 5400 + 1944 \\ = 7344rps$

Answer 2

Answer:

7344 rupees

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