Question

the difference between the compound intrest and simpe intrest on a certain sum at the rate of 15%pa for 3 years is ₹283.50 find the sum​

Answer 1

P = 283.50 , R = 15 p.c p. a , T = 3year

I = p*r*t/100

I = 283.50*15*3/100

= 127.575

Total interes = P add I

= 283.50 add 127.575

= 411.075

Ans = 411.075