what principle is lent out at 9% for 3 years will produce Rs 81 interest
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Answered by
0
Answer:
₹300
Step-by-step explanation:
S.I.=P×R×T/100
81=P×27/100
P=300
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Answered by
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As per the data given in the above question.
It is given that the rate of interest is 9%, year 3 year and Simple interest of Rs81
We need to find the Principal amount.
The formula of SI is as follow,,
Now substitute the value in the above equation we get,
Therefore Rs.300 of money is lent.
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