the interest on a certain sum for 3 years at10℅ per anumm is rs 829.50. Find the sum
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Answered by
0
if its not compounded annually or semi-annually
::::;then we use simple interest..
let the sum be =p,
time period or "N"=3yrs,
rate of interest "R"=10%
s.i=RS 829.5
THEN....... 829.5=(p*10*3)/100
:::::30p=82950
:::p=rs 2765
::::;then we use simple interest..
let the sum be =p,
time period or "N"=3yrs,
rate of interest "R"=10%
s.i=RS 829.5
THEN....... 829.5=(p*10*3)/100
:::::30p=82950
:::p=rs 2765
Answered by
1
the answer is rs. 3594.50. first find the principal by applying this formula : interest ×100/rate × time. and after find principle add interest and principle to get amount. principle is rs.2765.
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