The simple interest on a certain sum for 3yrs at 10%p.a rs 829.50,find the sum
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Solution:
SI = ₹829.50
ROI (R)= 10%
Time (T)= 3 years
To find the Principal,
SI = (P×R×T)/100
or 829.50 = (P × 10 × 3)/100
or P = 82950/30
or P = ₹2765
Hence, the sum is ₹2765/-
SI = ₹829.50
ROI (R)= 10%
Time (T)= 3 years
To find the Principal,
SI = (P×R×T)/100
or 829.50 = (P × 10 × 3)/100
or P = 82950/30
or P = ₹2765
Hence, the sum is ₹2765/-
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