Question

what amount should be lent by Eeshwar so that amount obtained as interest will be ₹1831.50 after 2 years and 9 months.

Answer 1

Answer:

$\texttt{Rs.5550}$

Step-by-step explanation:

Given:

➢$\texttt{Amount of interest=1831.50}$

➢$\texttt{ And Rate}$ = $\sf{12per cent}$

➢$\texttt{Time}$ = $\sf{2years+\frac{9}{12}months}$

=  $\sf{2years+\frac{3}{4}}$ = $\sf{\frac{11}{4}}$

● $\sf{ as\:we\:know\:that : }$

$\sf{ simple\:interest\:=\frac{principal\times rate \times time}{100}}$

So, Now

⇛$\sf{1831.50}$= $\sf{ principal × 11/4 × 12/100}$

⇛$\sf{1831.50×100×4}$=$\sf{principal× 11×12}$

⇛$\texttt{Principal}$=$\sf{\frac{183150\times4\times100}{11 \times 12 \times 100} }$

⇛ $\frac{183150 \times 4 \times100}{11\times12\times100}$

⇛ $\sf{Rs.5550}$

$\sf{So\:the\:amount\:lent\:by\:Eeshwar\:is\:Rs.5550.}$