Question

What sum will amount to ruppes 5525 at 10% per annum simple interest in 3 years pls answer explain the sum and tell the meaning of question in simple language​

Answer 1

Let the principal be P

S.I=A−P

=5525−P

Amount=5525 Rs

Rate=10%

Time=3 years

S.I.= \frac{PRT}{100}

5525− P = P× 10 × \frac{3}{100}

5525−P= \frac{30 P}{100}

552500−100 P = 30 P

552500=130 P

P= \frac{130}{552500}

P=4250