the simple interest on a certain sum at 5% per annum for 3 years is rupees 246 find the
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Answer:
CI = Rs. 246, R = 5%, T = 2 years
CI = A - P
246=P(1+1005)2−P
246=P∣∣∣∣(2021)2−1∣∣∣∣
246=P40061
P=41246×400
= Rs. 2400
Now, P = Rs. 2400, R = 6%, T = 3 years
SI = 1002400×6×3
= Rs. 432
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