the simple interest on a certain sum for 3 years at 14 per annum is Rs 235.20 . the sum is.
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Answer:
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Step-by-step explanation:
SI = ( P × R × T ) ÷ 100
235.20 = ( P × 14 × 3) ÷ 100
23520 = P × 42
P = 23520 ÷ 42
P = Rs.560
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- Simple Interest = Rs. 235.20
- Time = 3years
- Rate = 14%
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- Principle = ??
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- Rs. 235.20 will be SI on Rs. 560 in 3 years at 14% per annum
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