Question

What sum of money will amount to ₹4320 in 2years 6 months at 7% per anuum simple interest?​

Answer 1

Given :

Amount =4230

Time = 2.5 years

Rate of interest =7%

To Find:

Sum of money

Solution:

Let the sum of money be x

Amount =4230

SI=Amount - Principal=4320-x

Rate of interest =7%

Time =2.5 years

Si= PRT/100

4320-x = x*2.5*7/100

432000 - 100x = 17.5x

x=3676.6

Hence The sum is Rs.3676.6

Answer 2

Answer:

5076 rupees

Step-by-step explanation:

Refer to the the attachment.

Now, 108 x 1 x 7 = 756

Amount of money = Principal + Interest

Adding the values,

Amount = 4320 + 756

Amount of money = 5076

Therefore, The sum of money will amount as 5076 rupees.

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