Question

what sum of money will amount to rs.13800 in 3 years at 5%p.a., simple interest?

Answer 1

P+SI=A

p+p*3*5/100=13800

100p+15p=13800*100

115p=13800*100

p=13800*100/115=12000(ans)

Answer 2

I just tried it that's it