What sum of money invested at 4% SI will amount to Rs. 5,100 in 6 months?
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Answer:
2,55,000
Step-by-step explanation:
Rate , R = 4 %
interest = 5100
Time , T = 6 months = 1/2 year
simple interest = (principal x time x rate ) / 100
5100 = ( principal x 1/2 x 4) / 100
5100 x 100 = ( principal x 2 )
5100 x 100 / 2 = principal
255000 = principal
sum = 2,55,000
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