Question

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

Answer 1

Amount = P +I

2025 = P + (PNR)/100

N =3/12 years

R=5%

hope it's helpful

Answer 2

Answer:

₹2000

Step-by-step explanation:

Let Principal sun of money = ₹p

Simple rate of interest, r = 5%

Time period, t = 3 months

Now, Amount = Principal + Simple Interest

A = P + (P×R×T)

₹2025 = P(1+(0.05×3/12))

2025 = P × 81/80

P = 2025 × 80/81

= ₹2000

Therefore, Principal sum of money

P = ₹2000 Ans