Question

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

Answer 1

Hi ,

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.

:)

Answer 2

Answer:

hey !!!!hope it will help u