Question

What sum of money will amount to Rs. 1380 in 3 years at 5% p.a. simple interest?
(A) Rs. 1000
(B) Rs.1100
(C) Rs. 1200
(D) Rs.1500​

Answer 1

Answer:

1587 hope it helps you

Step-by-step explanation:

p=1380

t=3 years

r=5%

si= prt/100

=1380 X 3 X 5/100=207

amount =principal +si

207+1380=1587

Answer 2

The Sum of money is Rs.1200

Step-by-step explanation:

Let the principal be x

Amount = Rs.1380

Simple interest = Amount - Interest = 1380 - x

Rate of interest = 5%

Time = 3 years

$SI=\frac{P \times R \times T}{100}$

$1380-x=\frac{x \times 5 \times 3}{100}$

x=1200

Hence The Sum of money is Rs.1200

#Learn more:

What the sum of money will amount to rs 43,200 at5%p.a. simple interest for 5 years​

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