what is the sum of money off which 3*3/4% is RS 45?
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Answered by
2
Answer:
The sum is rs.3382.352
Step-by-step explanation:
Let the principal be x
Time = 3 years
Rate of interest = \frac{20}{3}\%
Formula : A=P(1+r)^t
A=x(1+\frac{20}{300})^3
A=1.2136x
Compound interest = Amount - principal = 1.2136x- x=0.2136x
Formula : SI = \frac{P \times R \times T }{100}
SI = \frac{x \times \frac{20}{3} \times 3 }{100}
SI = 0.2 x
Now we are given that the difference between the compound interest and simple interest is Rs.46
So, 0.2136x-0.2x = 46
0.0136x = 46
x = \frac{46}{0.0136}
x = 3382.352
Hence the sum is rs.3382.352
Answered by
1
Step-by-step explanation:
the sum is: 3382.352
x= 3382.352
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