Question

what sum of money lent out at 9% for 3 years will produce rupees 810 has simple interest​

Answer 1

Answer:

principal P= Rs.3000

Step-by-step explanation:

Answer 2

Answer:

Hence the money lent is Rs.3000

Step-by-step explanation:

According to the information provided in the question.

It is stated in the preceding question that,

The presented information is the rate of interest 9%.

Year =3 Years

Simple Interest =Rs81

We need to find the Principal amount lent.

$SI=\frac{PRT}{100} \\SI\times 100=PRT\\\frac{SI\times 100}{RT}=P\\P=\frac{SI\times 100}{RT}$

Put the value in above equation we get,

$P=\frac{810\times 100}{9\times 3}\\P=\frac{81000}{27} \\P= Rs.3000$