the simple interest on a certain sum for 3 years at 10% per annum is rupees 829.50 find the sum
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QUESTION :
the simple interest on a certain sum for 3 years at 10% per annum is rupees 829.50 find the sum .
SOLUTION :
Let the Principle be Rs. X
SI = X × 3 × 10 / 100 = 0.3 X
0.3 X = 829.5
=> X = 8295 / 3 = Rs. 2765
Answer : The required sum is Rs. 2765.
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