Question

what sum of money will amount to 1170in 3years at 10%per anam simple intrest​

Answer 1

Step-by-step explanation:

⇒  We have, A=Rs.15,972,T=3years and R=10%

⇒  A=P×(1+100R)T

⇒  15972=P×(1+10010)3

⇒  15972=P×(1011)3

⇒  15972=P×10001331

⇒  P=133115972×1000=Rs.12000