Question

what sum will amount to ₹ 1748 in 5 by 2 years at 15 by 2% per annum simple interest

Answer 1

Given compounded amount with Simple Interest)= SI = 1748

Rate of Interest Per annum= R= i= 15/2%= 7.5%

Time = T= n = 2years

we know that
Simple Interest = PTR/100

Amount with simple interest= P(1+TR)

11748 = P*2*17.5/100
11748 = P*35/100

11748×100/35= P

33565.714 = P = Principal Amount

Answer 2

I hope this will help you