Question

The simple interest on a certain sum fors 3 years at 10 percent per annum is 829.50. find the sum.​

Answer 1

Step-by-step explanation:

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We know that simple interest is:

I = Prn.

or, 829.50=P × 10% × 3

or, 829.50=P × (10/100)×3

or, 829.50 = P ×(1/10)×3

or, 829.50 = P ×3/10

or, 829.50 = 3P/10

or, 3P/10=829.5

or, 3P = 8295

or, P =8295/3

So, P = 2765.

So,Sum of amount is:Rs.

2765 .

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