Question

what sum of money lent out at 10% per annum would produce rs.150 in 5 years

Answer 1

Hi ,

Let the sum of money lent = Principal = P

rate of interest ( R ) = 10%

Time ( T ) = 5 years

Amount (A ) = Rs 150


we know that ,

P ( 1 + TR / 100 ) = A


P [ 1 + ( 5 × 10 ) / 100 ] = 150

P ( 1 + 1/2 ) = 150

P ( 2 + 1 ) / 2 = 150

P × 3/2 = 150

P = ( 150 × 2 ) / 3

after cancellation

P = 50 × 2

P = Rs 100

Required sum = P = Rs 100

I hope this helps you.

:)

Answer 2

Answer:

Heya

You have the

Step-by-step explanation in the file below .

Hope it helps you