Question

What sum will amount to ₹1368 in 3 1/2 year at the rate of 4% per annum

Answer 1

$priciple \: is \: equal \: to \: rupees \: 1368 \\ we \: hve \: given \: year \: also \: which \: is \: 31over \: 2 \\ and \: now \: rate \: is \: equal \: to \: 4\% \\ now \: u \: can \ \: insert \: the \: formla \:$
principle into rate into year/100 into 2
now u can put values like p=1368, r=4%, t=31/2
simple interest=1368×4×31/100×2
now convert it into simplest form and then which ur answrr will cm that u if u have given to find the amount then p+s.i =1368+ which ur answer comes and that will be ur whole sum


I hope it Will help u..... plz mark it as brainliest answer.......

Answer 2

Answer:

The sum is Rs.1200.

Step-by-step explanation:

To find : What sum will amount to ₹1368 in $3\frac{1}{2}$ year at the rate of 4% per annum ?

Solution :

Let the principal be 'P'.

Time is $t=3\frac{1}{2}=\frac{7}{2}$ year

Rate is 4%=0.04

Amount is A= Rs.1368.

Interest = Amount - Principal

Interest = 1368-P

The interest formula is given by,

$I=P\times R\times T$

$1368-P=P\times 0.04\times \frac{7}{2}$

$1368=0.14P+P$

$1368=1.14P$

$P=\frac{1368}{1.14}$

$P=1200$

Therefore, The sum is Rs.1200.