Question

the simple interest on a certain sum of money at 7/2% per annum for 47/21 year is Rs.658 the sum is​

Answer 1

Answer:

Rs.8400

Step-by-step explanation:

Let the sum of money be P.

Simple Interest (SI) = Rs.658

Rate (R) = 7/2% per annum

Time (T) = 47/21 years

SI = PRT/100

=> 658 = P × 7/2 × 47/21 × 1/100

=> P = 658 × 100 × 21/47 × 2/7

=> P = Rs.8400

Hence, the sum of money is Rs.8400.