Math, asked by pk583641, 8 months ago

What sum of money amount to ₹ 2025 in 3 months at 5 % simple interest per annum? ​

Answers

Answered by HarshK8722
3

Answer:

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Attachments:
Answered by Alcaa
10

Answer:

Principal sum of money = Rs 2000

Step-by-step explanation:

Let Principal sum of money = Rs P

Simple Rate of interest,r = 5%

Time period, t = 3 months

Now, Amount = Principal + Simple Interest

                  A  = P + (P * r * t)

        Rs 2025 = P(1 + (0.05 * \frac{3}{12}))

              2025 = P * \frac{81}{80}

                P = (2025 * 80)/81 = Rs 2000

Therefore, Principal sum of money, P = Rs 2000.

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