The simple interest on a certain sum for 3 years at 10% per annum is Rs829.50.Find the sum
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Heya
Given that
S.I. = ₹829.50
R = 10 % p.a.
T = 3 years
Solution
S.I. = P × R × T/100
=> 829.50 = P × 10 × 3/100
=> 829.50 = 3P/10
=> 82,950/100 = 3P/10
=> 1,659/2 = 3P/10
=> P = 1,659 × 10/2 × 3
=> P = 5 × 553
=> P = ₹2,765
Thanks
Given that
S.I. = ₹829.50
R = 10 % p.a.
T = 3 years
Solution
S.I. = P × R × T/100
=> 829.50 = P × 10 × 3/100
=> 829.50 = 3P/10
=> 82,950/100 = 3P/10
=> 1,659/2 = 3P/10
=> P = 1,659 × 10/2 × 3
=> P = 5 × 553
=> P = ₹2,765
Thanks
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