Question

what sum will amount to Rs. 5430 in 6years at 13.2% p. a on simple interest​

Answer 1

Answer:

S.I. = P×I×T

A = P+I

A = Accumulated amount

P = Principal

i = Annual intersr

I = Amount of interest

T = Time in years

Step-by-step explanation:

A = Rs 5430

i =13.2%

T= 6 years

5430 = P (1+13.2/100×6)

= P(1+0.792)

=P (1.792)

5430/1.792=P

P = Rs 3030 ( approx)

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