The simple interest on a certain sum for 3 years at 10% per annum is Rs. 829.50. find the
sum.
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Answer:
Rs 2765
Explanation:
Let the sum be P
Simple Interest, S.I= Rs.829.50
Time,T = 3 years
Rate of interest,R = 10%
S.I = PRT/100
829.50 = P X 10 X 3 /100
82950/100 = P X 10 X 3/100
82950 = 30P
P = 2765
∴ The sum is Rs 2765.
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