Question

what sum of money will amount to 279 30 at the rate of 10% per annum simple interest in 3 year​

Answer 1

Answer:

21484.61

Amount=27930

Rate=10%

Time=3 years

Principal=?

Let the principle be= x

SI= P*R*T/100

A-P= P*R*T/100

27930-x= (x*10*3)/100

27930-x=3x/10

279300-10x=3x

279300=13x

x=279300/13

x=21484.61₹