Question

what sum of money will amount to rs 2760 in 3 years at 5% pa simple interest.

please answer fast​

Answer 1

Step-by-step explanation:

p=2760

r=5

t=3

2760*5*3/100

=276*5*3/10

=4140/10

si=414

Answer 2

Step-by-step explanation:

Let us consume the Principal = P

Amount = ₹ 2,760

Time = 3 Years

Rate of Interest p/a = 5%

Principal = 100 x Amount / 100 + Time x Rate

Principal = 100 x 2,760 / 100 + 3 x 5

Principal = 2,76,000 / 100 + 15

Principal = 2,76,000 / 115

P = ₹ 2,400