Question

The difference between the simple and compound interest for certain sum of money for 3 years at 5% per annum is ₹61.00. Find the sum.​

Answer 1

Answer:

Rs. 8000

Step-by-step explanation:

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Answer 2

The Main Principle (P) = Rs. 8000

Step-by-step explanation:

Hey Mate,

Given,

C.I - S.I = Rs. 61

Rate = 5%

Time = 3 Years

P = ?

Suppose,

P' = Rs. 100

So,

S.I = ( P' × R × T )/ 100

S.I = ( 100 × 5 × 3)/ 100

S.I = 5 × 3

S.I = Rs. 15

&

$rest \: answer \: is \: in \: above \: 2 \: pictures$

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