What sum of money will amount to ₹ 1,170 in 3 years at 10%pee annum simple interest ?
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3
Answer:
Correct option is
D
12000
⇒ We have, A=Rs.15,972,T=3years and R=10%
⇒ A=P×(1+
100
R
)
T
⇒ 15972=P×(1+
100
10
)
3
⇒ 15972=P×(
10
11
)
3
⇒ 15972=P×
1000
1331
⇒ P=
1331
15972×1000
=Rs.12000
Step-by-step explanation:
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