Question

What sum will amount to rs 7000 in 5 years at 3 1/3 % simple interest?

Answer 1

Simple Interest S.I = Principal(P) * No.of years (N) * Rate (R) PNR

----------------------------------------------------------- = ------------

100 100

Applying this formula,

S.I = 7000 * 5 * ( 10 / 3) 350 * 10

--------------------------------- = --------------- = 1166.67

100 3

Hope this helps, please mark as brainliest if satisfied with answer. Thanks.

Answer 2

Answer:

Rs 6000

Step-by-step explanation:

p-?

A-7000

T-5 yrs

R-10/3%

To find sum

A=P(1+rt/100)

7000=p(1+10/3×5/100)

7000=p(1+10×5/3×100)

after cutting WE get,

7000=p(1+1/6)

7000=p(7/6)

now, 7000×6/7=p

cut it..and u will get=Rs 6000

Hope this help you.

Janmai Pansa