what sum will amount to 1292 in 3 years at 12% per annum simple interest
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Answered by
7
let the principal be X
atq X + (x×3×12)/100 = 1292
=X+9x/25= 1292
= 34x/25=1292
X= 1292×25/34
x= 38×25
= Rs950
atq X + (x×3×12)/100 = 1292
=X+9x/25= 1292
= 34x/25=1292
X= 1292×25/34
x= 38×25
= Rs950
Answered by
2
Answer:
Let us assume the required sum as ₹100
Principal = ₹100
Rate = 12%p.a
Time = 3years
SI =
SI = = ₹36
Amount of ₹100 = ₹(100+36) = 136
If amount is ₹136 then the sum = ₹100
If amount is ₹1 then the sum
=
If the amount is ₹1292, then sum
= ₹ × 1292
= ₹950
Hence, the required sum is ₹950
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