What sum of money lent out 10%per annum would produce rupees 150 in 5 years
Answers
Answered by
1
Answer:Rs 100
Step-by-step explanation:rate of interest = r = 10 %
Time ( T ) = 5 years
Amount ( A ) = Rs 150
Let the principal = P
we know that ,
P( 1 + TR/100 ) = A
P [ 1 + ( 5 × 10 )/ 100 ] = 150
P [ 1 + 1/2 ] = 150
P × 3/2 = 150
P = ( 150 × 2 ) / 3
P = 50 × 2
P = 100
Therefore ,
Principal = P = Rs 100
I hope this helps you.
Answered by
5
Answer:
300 Rs
150÷5=30
30×10=answer
answer=300
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